Swiss regulator orders audit for Israeli bank unit

SWITZERLAND - The Swiss Federal Banking Commission said Tuesday it has concluded its investigations related to the country's money laundering case against Peru's former spy chief Vladimiro Montesinos and has ordered a special audit of Bank Leumi Le-Israel (Switzerland) Ltd.

The audit, scheduled for next year, will make sure measures designed to improve the bank's safeguards against money laundering are put in place and functioning properly.

The financial review must be conducted by an outside a