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In 1946, Switzerland and the Western allies signed the Washington Agreement in Washington, DC. Switzerland would pay 250 million Swiss francs towards the reconstruction of Europe post-war. In return, the Allies waived further claims against the Swiss National Bank, whose activities during the war, in particular the purchase of German looted ...
[5] Globalization in banking and financial markets was not accompanied by global regulation. National regulators remained the most important actors in banking practices. They had a capacity problem and an information problem. [6] Therefore, the purpose of the BCBS is to encourage convergence toward common approaches and standards.
It was founded in 1831 by Swiss pioneers from Sursee, Switzerland. [15] Orangeburgh German-Swiss Genealogical Society, a genealogical society focused on the early Swiss and German settlers of Orangeburg, South Carolina. [16] Santa Clara Utah Historical Society, a historical Society dedicated to the preservation of an early Swiss Settlement in ...
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Switzerland's upper house of parliament on Monday rejected a 5 billion Swiss franc ($5.58 billion) aid contribution for Ukraine contained in a broader financial package on the grounds that the ...
ZURICH (Reuters) -The Swiss government on Friday approved a new negotiating mandate for talks with Brussels to modernize the country's relationship with the European Union after a previous bid ...
Its central bank is a member of the Bank for International Settlements, based in Basel. Switzerland is an active participant in the Organization for Security and Co-operation in Europe, its foreign minister serving as Chairman-in-Office for 1996. Switzerland also is an active participant in the major nonproliferation and export control regimes.
According to the Bern-based news organization Swissinfo, 5 million people in 779 Swiss municipalities across 12 cantons—the rough equivalent of U.S. states—will be supplied with the tablets.