Media Release

03.05.2024

SER concludes investigation into Banque Cantonale du Valais (Walliser Kantonalbank)

SIX Exchange Regulation AG (SER) has imposed a fine of CHF 80’000 for a violation of the rules on ad hoc publicity.

SER has sanctioned Banque Cantonale du Valais (Walliser Kantonalbank) with a fine of CHF 80’000 by way of a sanction notice for a violation of the rules on ad hoc publicity.

Banque Cantonale du Valais (Walliser Kantonalbank) published its Annual Report 2022 with undue delay.

The fault was judged to be negligent and the infringement to be slight. In determining the level of fines, SER considered the impact of the sanction on the party concerned.

The sanction notice is legally binding.