03/11/2022
Since then, the international media has been reporting extensively on the data, accusing Switzerland's second-largest bank of maintaining client relationships with criminals and corrupt government heads for decades.
03/11/2022
In order not to have to penalize its cherished customers as a result of breaching this threshold, the bank has opted to keep the maximum amount held in clients' accounts at 10,000 Swiss francs ($10,800).
03/11/2022
One of the first steps was to develop a common taxonomy, one that defines whether an activity is deemed sustainable and that provides a common language for actors across the EU to speak with one voice when discussing sustainable finance.
03/11/2022
This will make them more resilient compared to non-systemically important banks, as required by the Banking Act.
03/10/2022
Clamping down on these fraudulent adverts will help protect people from losing their hard-earned money to criminals.
03/10/2022
The FINMA Ordinance on Data Processing details how FINMA processes data in the context of fulfilling its statutory duties.
03/10/2022
These changes reflect a more modernized approach to defining types of investors, such as by adopting internationally accepted terms like “angel investor.”
03/10/2022
The UK becomes the first Western country to impose harsh sanctions on the Russian billionaire.
03/10/2022
The ban includes any aircraft owned, operated or chartered by anyone connected with Russia or designated individuals or entities, and will include the power to detain any aircraft owned by persons connected with Russia, the Foreign Office said in a statem
03/09/2022
Their complicity has removed the incentives these elites might have had to rein in their countries' authoritarian leaders.
03/08/2022
The current position is that the publicly accessible register held at the Land Registry for a particular piece of land only discloses the name or names of the legal title holder.
03/08/2022
The changes necessitate adjustments to the FINMA Anti-Money Laundering Ordinance.
03/04/2022
The insurer has denied liability, saying it sold its share of the unit in 2019, two years before Greensill collapsed.
03/04/2022
The Tax Justice Network has in response published a briefing detailing 10 transparency measures
03/04/2022
Gazprombank (Switzerland) Ltd and Sberbank (Switzerland) Ltd excluded from the Swiss Bankers Association
03/04/2022
Gazprombank (Switzerland) Ltd and Sberbank (Switzerland) Ltd excluded from the Swiss Bankers Association
03/04/2022
As the net tightens around Russian wealth following the outbreak of war, investment firms need to pay close attention to their client banks to make sure they are not caught up in the crisis.
03/03/2022
The Bill also contains provisions to beef up the system of unexplained wealth orders.
03/03/2022
The big bank had suffered significant losses in the business with so-called supply chain funds, as finews.ch has reported on various occasions.
03/03/2022
Until now, that option was considered as «going nuclear» when it came to Russian sanctions and taking the step had been a controversial one within the EU.