Another Swiss Fintech Close to Getting Regulatory License16 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 Restrictions12 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 201009 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 Policy04 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 Down02 February 2021
Swiss franc exchange rate got weaker this week as vaccinations programme is scaled down due to delays in delivery from manufacturers.