Swiss Referendum Watch: Switzerland’s vote on capping population at 10 million is intensifying debate, with business groups warning it could hit growth and globalisation while supporters argue it would ease housing and infrastructure pressure. Corporate Governance Shock: India’s SEBI has alleged major accounting misrepresentation at Rajesh Exports, including through its Swiss gold refiner Valcambi, triggering market fallout and renewed scrutiny of audit and disclosure practices. Health & Ethics in Geneva: Philippines health workers and the Ombudsman are in focus after claims that a DOH official’s business-class upgrade for a Geneva trip may breach anti-graft rules. Fintech & Wealth Flows: iCapital has expanded its Hong Kong office footprint as Asia’s wealth-management boom accelerates, with cross-border wealth flows recently showing Hong Kong overtaking Switzerland. Swiss Finance Connections Abroad: Dubai Financial Market has been recognised by FINMA as a foreign trading venue, opening a direct regulated route for Swiss institutions to trade Swiss-incorporated securities. Global Supply Chains: India’s Piyush Goyal met EY’s Janet Truncale to discuss India’s growing role in global supply chains and Global Capability Centres. Labour Diplomacy in Geneva: The OIC Labour Centre met Bangladesh’s labour minister in Geneva to push safer work, social protection and skills for migrant workers. Cybercrime Crackdown: The FBI joined an international takedown of a service accused of enabling ransomware groups, with Switzerland among assisting authorities.