“More than five years after this scandal first emerged, the attorney general is still absorbed with bringing whistleblower Herve Falciani to trial”

Link to full story below.

(Reuters) – Switzerland’s Social Democratic Party wants a parliamentary debate about a scandal surrounding HSBC’s Swiss bank and has accused the country’s financial regulator and attorney general of doing too little to pursue criminals using offshore accounts.

(…)

“More than five years after this scandal first emerged, the attorney general is still absorbed with bringing whistleblower Herve Falciani to trial,” the SP said.

Falciani told Swiss television last month that he was willing to return to Switzerland to stand trial for leaking confidential client data if he was given assurances that he would not face immediate arrest.

The SP’s demands come nearly two weeks after a parliamentary committee said it would question FINMA about HSBC’s Swiss bank, which the regulator said it had first investigated as long as four years ago.

Last month, FINMA revealed that two previously undisclosed investigations had found that HSBC violated money laundering guidelines. The regulator said it had ordered remedial measures, which HSBC implemented.