06/24/2021
Hong Kong Trust Industry Spotlight: Taking centre stage
An in-depth view into the growth opportunities and outlook for Hong Kong’s trust industry
Legal,Regulation,Tax & Compliance
06/23/2021
The power of money: how autocrats use London to strike foes worldwide
The twist is that Tyshchenko was one of the lawyers on the other side.
06/23/2021
Swiss Court Convicts Executive of Insider Trading
His prosecution is emblematic of far stricter enforcement of Swiss insider trading rules, which were buttressed more than ten years ago.
06/23/2021
Lost Fortune Pits Rich Russian Against Rothschild in New York Court
Oil magnate Sergey Bogdanchikov claims the bank lost half his $150 million portfolio in a kickback scheme.
06/23/2021
Harneys listed as a top offshore law firm
Eprivateclient praises offshore law firms for playing a vital role in the global private wealth sector during the unprecedented times of the past year, where the need for sophisticated private wealth structures has been at a high.
06/22/2021
Successful transactions of securities with Central Bank Digital Currency
Banque de France successfully used Central Bank Digital Currency in a test environment
06/22/2021
Carey Olsen advises FSN Capital on latest mid-market fund launch
The fund, which was oversubscribed and closed above its original hard cap, will continue FSN Capital's proven investment strategy of targeting control buyout investments of mid-sized companies in Northern Europe.
06/21/2021
Review of the week: Federal foresight
The US central bank’s nod to the surging American recovery frightened markets last week.
06/20/2021
Finance Ministry refutes news media reports of alleged black money held by Indians in Switzerland
India and Switzerland are signatories to the Multilateral Convention on Mutual Administrative Assistance in Tax Matters (MAAC) and both countries have also signed the Multilateral Competent Authority Agreement
06/17/2021
Swiss Central Bank Looks at Archegos and Greensill
Swiss policymakers have praise for the capital cushions of Switzerland's largest banks, in their annual report on the Swiss banking sector released on Thursday.
06/17/2021
U.S. Dithers on Crypto While Wyoming Takes Plunge
Her (virtual) visit to Switzerland later on Thursday comes at a crucial juncture in whether she can push through her views at the agency.
06/17/2021
Northern Trust Partners with 3D
‘Network Monitor’ Service Supports Clients’ Focus on Overseeing Appointed Intermediaries and Meeting Regulatory Responsibilities.
06/17/2021
Guernsey Financial Services Commission Amends Finance Sector Code of Corporate Governance to Consider Climate Change
The updated Code asks boards to consider the impact of climate change on their strategy and risk profile and, where appropriate, make climate change related disclosures.
06/16/2021
Credit Suisse Goes After Greensill Insurance Money
Greensill fell into administration in March after its main coverage, provided by a Tokio Marine unit expired.
06/16/2021
Top 100 City law firm announces merger
The merged firm will bring together 71 Partners and a total complement of 217 lawyers.
06/16/2021
China Steps Up Crackdown on $1 Trillion Bank Wealth Products
An estimated 2.5 trillion yuan ($390.5 billion) of the products are currently invested in assets that will soon become non-compliant, and need to be swapped for lower-yielding, high quality investments by the end of next year.
06/15/2021
Regulatory, ESG and Crypto Legal Check-List for Family Offices Post Pandemic
Once the family office is clear on this, these commitments can be built into legal documents as necessary.
06/15/2021
Northern Trust Switzerland Extends Capabilities with Depotbank Licence
Local Custodian, Depositary, Transfer Agency and Ancillary Services Complement Market Leading Swiss Fund Administration Capabilities
06/14/2021
TISE welcomes first Irish Member
The TISE proposition has a number of important differentiators from the other exchanges we work with. We are sure it will be a very attractive listing venue for our clients.
06/13/2021
Global banking regulator outlines proposals for the prudential classification and treatment of cryptoassets
This marks a significant milestone in outlining, for the first time, proposals for a Basel standard on the prudential classification and treatment of cryptoassets.