BERN (Reuters) - Swiss financial watchdog FINMA investigated more than twice as many breaches of anti-money laundering rules in 2016 as it did a year earlier, the supervisory body said on Tuesday.
The number of investigations rose to 22 from 9 in 2015 "particularly in connection with international corruption offences", the Bern-based organization said in a statement.
In 2016, Swiss banks were central players in the scandal surrounding Malaysian sovereign wealth fund 1MDB, one of the world's biggest ongoing white-collar crime cases.
BSI Bank and Falcon Private Bank were sanctioned by FINMA for their dealings with 1MDB.
(Reporting by Joshua Franklin; Editing by Michael Shields)