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Despite Switzerland's appeal to Kremlin-friendly oligarchs, sanctions imposed against Russia played no part in the nearly 30 percent increase in the number of suspicious activity reports filed in the Alpine nation from 2021 to 2022, Swiss officials have claimed. The Money Laundering Reporting Office Switzerland, which serves as the country's financial intelligence unit, or FIU, disclosed in an annual report Tuesday that Swiss banks and other institutions submitted more than 7,600 SARs last year, which includes the first 10 months of Russia's ongoing, full-scale invasion of Ukraine, after submitting fewer than 6,000 in 2021. "At first glance, one might assume...