Swiss Identity

Key facts about Swiss anti-money laundering legislation

This content was published on Jul 13, 1999 While Switzerland is sometimes still seen as a financial market place that is shrowded in banking secrecy and characaterised by lax attitudes, the country has in fact very strict and comprehensive legislation against money laundering. Following are some key facts about the laws: — The legislation affects all so-called financial intermediaries. These are defined as…

Culture

Thun hosts international barrel organ festival

This content was published on Jul 13, 1999

Demographics

Roche announces sales up 7 percent in first half

This content was published on Jul 13, 1999 (AP) — Swiss pharmaceutical giant Roche announced Tuesday a 7 percent rise in its first-half sales to SFr13.4 billion ($8.5 billion). Roche said it expects “barring extraordinary events, another good result” for the full year following the sales figure, up from SFr12.53 billion ($7.9 billion) in the first half of 1998. First-half profits, which will…

Demographics

Roche, Trimeris sign agreement on HIV drugs

This content was published on Jul 12, 1999 The Swiss-based Roche healthcare group said Monday it signed an agreement with a United States company to develop a revolutionary treatment for HIV, the virus that causes AIDS. The accord covers full-scale clinical testing and development of two drugs produced by the Trimeris company of North Carolina. The two compounds, T-20 and T-1249, are known…

Demographics

ICRC expands Internet-based tracing service in Kosovo

This content was published on Jul 12, 1999 The Geneva-based International Committee of the Red Cross said Monday it was expanding the use of the Internet in its attempt to help Kosovar refugees reestablish family contacts and trace missing people. Jurg Frei, head of the ICRC’s Balkans tracing service, said the Internet was becoming a key tool in trying to help the tens…

Education

Switzerland to expand special military service programme

This content was published on Jul 9, 1999 The Swiss army said Friday it was pleased with the response to a newly-introduced military service programme and would likely expand that pilot project next year. The programme, which was launched at the beginning of June, involves a limited number of ranked personnel carrying out their mandatory service under a contract that defines their salary…

Demographics

Swiss financier Rey sentenced to four years in prison

This content was published on Jul 8, 1999 A court in the capital Berne sentenced controversial Swiss financier and businessman Werner K. Rey to four years in prison for his role in business deals which led to the collapse of Rey’s Omni Holding business empire in 1991. The court found Rey, 55, guilty of fraud, falsification of documents and fraudulent bankruptcy. The court…

Demographics

Swiss financier Rey sentenced to four years in prison

This content was published on Jul 8, 1999 A court in the capital Berne sentenced controversial Swiss financier Werner K. Rey on Thursday to four years in prison for his role in business deals which led to the fall of Rey’s Omni Holding business empire in 1991. The prosecution had demanded ten years in prison for Rey, who has probably been Switzerland’s most…

Demographics

Controversial Swiss financier Rey to hear verdict Thursday

This content was published on Jul 8, 1999 A court in the capital Berne will rule later Thursday whether Werner K. Rey, probably Switzerland’s most controversial financier and businessman in recent years, will be found guilty on fraud and forgery charges. Those charges relate to the fall of Rey’s Omni Holding business empire, which collapsed in 1991 amid debts estimated at about SFr4…

Demographics

Verdict expected in Werner K. Rey case

This content was published on Jul 7, 1999

Swiss Identity

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Key facts about Swiss anti-money laundering legislation

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Thun hosts international barrel organ festival

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Roche announces sales up 7 percent in first half

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Roche, Trimeris sign agreement on HIV drugs

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ICRC expands Internet-based tracing service in Kosovo

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Switzerland to expand special military service programme

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Swiss financier Rey sentenced to four years in prison

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Swiss financier Rey sentenced to four years in prison

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Controversial Swiss financier Rey to hear verdict Thursday

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Verdict expected in Werner K. Rey case

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