SNB issues own-account rules; Danthine trades attacked
The Bank Council of the Swiss National Bank (SNB) has approved new regulations on private financial investments and transactions that will come into effect on May 1. The new rules are aimed at putting in place procedures and monitoring systems that will ensure officials only take part in transactions that "exclude even the appearance of a conflict of interest or misuse of information", according to a statement by the SNB issued today (March 12).
The move comes following controversy surrounding
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