# The court said Credit Suisse ceased to exist as a criminal-law entity three years ago.

*business · news · 2026-04-10 · Reuters*

## Key points

- The court ruled that Credit Suisse no longer exists as a criminal-law entity after merging with UBS.
- Swiss prosecutors accused Credit Suisse of failing to prevent money laundering in Mozambique a decade ago.
- Prosecutors argued UBS, as Credit Suisse's legal successor, should be liable for Credit Suisse's failings.
- The court decided UBS cannot be held liable for Credit Suisse's alleged misconduct due to the merger.

**Companies:** UBS, Credit Suisse
**Countries:** Switzerland, Mozambique

[Read the full story on Reuters](https://www.reuters.com/legal/transactional/swiss-court-shelves-case-against-ubs-over-credit-suisses-actions-mozambique-2026-04-10/)

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