Swiss Banker Escapes To Switzerland
The 60-year-old Rueegg was arrested on an international arrest warrant on behalf of U.S. officials
Legal
2122 articles found
UBS notes postponed verdict in 4.5 bln euro French tax case
UBS noted a decision by French judges to postpone their ruling on the Swiss bank’s appeal against a 4.5 billion euro ($5.27 billion) fine imposed for helping wealthy clients stash undeclared assets offshore.
ADDX Expands China Footprint
Official quota under QDLP programme allows institutions and high-net-worth individuals in China to invest in both public and private market products abroad
FinCEN advance notice of proposed rulemaking regarding the antiquities trade
Congress’ move to make the BSA applicable to the antiquities trade stemmed from the concern that the trade may be exploited by money launderers and terrorist financiers to evade detection by law enforcement.
Sovereign Wealth Funds: a detailed analysis of transnational regulation and dispute resolution
SWFs are located worldwide. The 20 largest SWFs (as at 22 August 2021) are spread across the Middle East, Asia, Europe, North America and Australia.
End of an Era for UBS Legal Veteran
French government prosecutors are seeking a fine of at least 2 billion euros and 1 billion euros in damages and interest.
Latham & Watkins Advises on Argo Blockchain Plc IPO
Firm represents the underwriters in the offering by the sustainable blockchain infrastructure and cryptocurrency mining company.
Stricter rules on pay for UK asset managers – are you ready?
The new code’s requirements will have a material impact on all firms from 1 January 2022.
Financial Crime Focus
The proposal sets the threshold for cryptoasset transfers at GBP 1,000 so it will therefore be necessary for firms to calculate the value in GBP of, for example, a transfer of Bitcoin or Ethereum.
Switzerland Tightens Rules for Crypto Providers
The Financial Action Task Force, or FATF, recently updated two-year-old guidance on digital assets.