The trial for money laundering related to the Bulgarian mafia has started at the Federal Criminal Court in Bellinzona.

UBS is now facing charges after acquiring Credit Suisse. UBS has argued that it should be exempt from legal responsibilities due to the collapse of Credit Suisse. However, the Court of Appeals has rejected this argument, stating that the merger agreement includes the transfer of Credit Suisse's legal standing in ongoing proceedings.

In June 2022, Credit Suisse was fined 2 million francs and ordered to pay 19 million in compensation for facilitating money laundering for Evelin Banev's criminal organization, which was involved in significant cocaine trafficking into Europe. One of the co-defendants, who managed Credit Suisse funds, has passed away.

Both the bank and some co-defendants have filed appeals, and the Federal Public Prosecutor's Office has also appealed, seeking to increase the penalties to the maximum allowed by law: 5 million francs in fines and 41 million in compensation.