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NEWS
Another Swiss Fintech Close to Getting Regulatory License

Another Swiss Fintech Close to Getting Regulatory License

16 February 2021

Another Swiss fintech start-up, attempting to launch the payments network between Europe and Asia, is closed to securing license from FINMA.

Cross-Border Workers Excluded from New Travel Restrictions

Cross-Border Workers Excluded from New Travel Restrictions

12 February 2021

Switzerland has introduced new travel restrictions, effective from 8th February, due to the spread of coronavirus mutations, but those won’t affect cross-border workers.

 

Unemployment Rate Highest Since April 2010

Unemployment Rate Highest Since April 2010

09 February 2021

In January the unemployment rate went up once again in Switzerland, reaching 3.7%. It is the highest level since April 2010.

Thomas Jordan Says No Change in SNB’s Policy

Thomas Jordan Says No Change in SNB’s Policy

04 February 2021

Thomas Jordan, the chairman of the Swiss National Bank, reiterated that the bank won’t change its monetary policy due to the fact being called a currency manipulator by US.

CHF Weaker as Vaccination Programme Is Scaled Down

CHF Weaker as Vaccination Programme Is Scaled Down

02 February 2021

Swiss franc exchange rate got weaker this week as vaccinations programme is scaled down due to delays in delivery from manufacturers.

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