September 25 2017
PolyReg condemned Swisscom to pay a fine of 4.3 million francs last spring for breaking the rules on money laundering. The telephone company, which considers itself to have acted in accordance with the law, disputes the competence of the self-regulatory body.
According to an article published Sunday in the SonntagsZeitung, PolyReg accuses the Swiss telecommunications company of failing to comply with its duty of care in collecting calls for value-added services. Services that Italian mafia groups would use for money-laundering operations.