Managers of Wealth

SNB recognizes weaknesses in big bank regulation

The National Bank now sees a particular need for action in the areas of early intervention

Advisers want future government to lessen tax burden for retirees

The survey was conducted in anticipation of the upcoming General Election to determine advisers’ key priorities for the next government.

1MDB scandal has consequences worth millions for Ticino bank

But the verdict is just another step in the corruption scandal surrounding the Malaysian sovereign wealth fund 1MDB, as it turns out.

Approval of temporary exemptions from conditions for maintaining the listing in accordance with article 7 Listing Rules and the delisting of Crealogix Holding AG's registered shares

Temporary exemptions from certain conditions for maintaining the listing in accordance with article 7 Listing Rules

Ex-CEO, directors of Envision Wealth Management charged by MAS

They allegedly committed offences against the Securities and Futures Act, amongst others.

UBS scraps Credit Suisse coal financing rollback

Global asset manager will instead detail its own plan for climate change.

Stonehage Fleming Receives FINMA Operating Licence

In 2020, new financial regulations were introduced by FINMA

HSBC Switzerland gains fair employer certification

The international private bank wants to be an employer of choice.

Swiss bank accuses Macquarie of distorting valuations for higher fees

It is heavily in debt, and has struggled to pay employees this year.

PIMFA urges Financial Conduct Authority to provide firms with the confidence they need to offer a Simplified Advice model

This will ensure that the advice given is focused on a specific outcome and client need, rather than taking consideration of the client’s wider needs and objectives which is currently required were they providing holistic advice.

FSB recommends further strengthening of the framework for global systemically important banks in Switzerland

The review examines Switzerland’s implementation of the FSB’s TBTF reforms for G-SIBs.

Amundi Turns Against Swiss Franc as Central Bank Intervention Seen Done

The low-yielding franc has already tumbled nearly 3% against a basket of major currencies in 2024

Deferral of German exit taxes when moving to Switzerland

The German Federal Fiscal Court (BFH) recently passed a landmark decision on exit taxation, concerning the deferral of taxes for individuals moving from Germany to Switzerland.

Never mind the Budget: As UK tax burden hits record highs - seven ways to give yourself a tax cut

The highest earners are also restricted by the tapered annual allowance

IQ-EQ wins ‘Best Regulatory Reporting Solution’ at Fund Intelligence Operations and Services Awards 2024

IQ-EQ was awarded ‘Best Regulatory Reporting Solution’, rewarding our commitment to providing top-tier regulatory reporting services to the global market.

ZEDRA and Knowa announce pioneering sole trustee governance collaboration

This collaboration introduces significant advancements in governance practices

UAE Gets the All Clear From the FATF

The wealth management boom in the Middle East can continue unimpeded, with a significant obstacle now being moved out of the way.

ESG ratings agreement marks a “crucial” step, but “gaps” exist: Efama

ESG rating providers will also not be allowed to provide credit rating, auditing or consultancy services to avoid conflict of interest, it pointed out.

The Bahamas Removed From The European Union’s List Of Non-Cooperative Jurisdictions For Tax Purposes

The removal of The Bahamas from the EU’s list clearly underscores the significant progress made over the past year

Revealed: The 36% boom in Swiss-domiciled funds

While Luxembourg-based funds have won the preference of most European countries, Switzerland has diverged.

Legal,Regulation,Tax & Compliance