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Swiss to freeze assets of Viktor Yanukovich and 19 Ukrainians

ZURICH (Reuters) - The Swiss government ordered the freezing of the assets of 20 Ukrainians, including ousted president Viktor Yanukovich and his son Oleksander, Switzerland's financial markets authority FINMA said in a statement on Friday. The government published a list of the 20 people concerned on its website. It includes Viktor Yanukovich and his son Oleksander. FINMA said the Swiss government had made the decision to block the assets on Wednesday and the measures would come into force on Friday at noon.

Swiss authorities investigate country's banks over possible foreign exchange rate manipulation

GENEVA - Swiss authorities are investigating whether several of the country's banks were involved in manipulating foreign currency exchange rates. The Swiss Financial Market Supervisory Authority, or FINMA, announced the probe in a brief statement Friday. FINMA says it is "co-ordinating closely with authorities in other countries" because "multiple banks around the world" could be implicated. The regulator says it will give no further details on the probe or the banks involved.

Swiss regulator monitoring money coming from Cyprus

Swiss market regulator FINMA said Tuesday it would be monitoring all money coming into Switzerland from crisis-hit Cyprus to ensure illegal funds don't sneak into the mix, but said no special measures were yet needed. "This is normal surveillance linked to following the rules aimed at blocking money laundering," FINMA chairwoman Anne Heritier Lachat told AFP on the sidelines of the regulator's annual conference in Bern to assess its activities.
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