12/17/2020
Continued demand for both issuances has enabled us to increase their size, with the climate resilience bond up to US$ 1.1 billion from an original US$ 700 million and the transition bond up to €625 million from €500 million.
12/17/2020
The acquisition is part of the firm's strategic growth plan that includes distributing its funds to European investors.
12/16/2020
Entry into force of the amendment protocol to DTA with New Zealand
The protocol implements the minimum standards for double taxation agreements (DTA).
12/16/2020
Managing the Luxembourg voluntary liquidation process
Luxembourg also offers compelling structures. Its special purpose vehicles (SPVs), for example, have proven hugely popular with multinational private equity and real estate groups, offering huge potential for tax optimisation when they come to sell their
12/16/2020
Financial Regulation Update
The regulator highlights that complaints volumes are at the lowest levels recorded since 2016 H2
12/16/2020
CSSF publishes passporting requirements applicable to UK investment funds and fund managers after the end of the transition period
Following the departure of the UK from the EU on 31 January 2020
12/16/2020
The Commission’s proposal would enable insurers to purchase green assets in the knowledge that long-term green assets are considered suitable to meet long-term liabilities whilst maintaining policyholder protection.
12/16/2020
The FCA is advising customers of cryptoasset firms which should have applied to the FCA, but have not done so, to withdraw their cryptoassets or money before 10 January 2021.
12/16/2020
The Statement may be subject to change in the event of a free trade agreement being reached and mutual equivalence decisions being taken.
12/15/2020
Barclays has pro-actively redressed these customers, paying over £273 million to at least 1,530,000 customer accounts since 2017. The redress programme is close to completion.
12/15/2020
The virus has taken more than a million lives, and hundreds of millions more have been altered forever by rising poverty, massive job losses, and interruptions to education.
12/15/2020
UK Immigration Post-Brexit
Those wishing to work or stay in the UK for longer will need to apply for a visa under the new immigration system.
12/14/2020
A ‘wealth tax’ is broadly a charge on a person’s assets, in contrast to the majority of taxes that are charged when cash or assets move between parties.
12/13/2020
Feedback is requested by 18 January 2021.
12/11/2020
The amendments to the Code of Obligations, the Federal Intermediated Securities Act and the Federal Act on International Private Law that are envisaged in the DLT bill will now enter into force from 1 February 2021.
12/11/2020
The Principles for Responsible Banking set out the banking industry’s role and responsibility in shaping a sustainable future
12/11/2020
The business to be acquired includes 2.4 million policies, USD 3.6 billion net written premiums in 2019 and 3,500 employees.
12/11/2020
Every settlor’s or founder’s circumstances are different.
12/11/2020
The framework conditions should be designed to ensure that the competitiveness of the Swiss financial centre is continuously improved and that the financial centre can make an effective contribution to sustainability.
12/10/2020
Dutch Probe Looms for New UBS Boss
The renewed scrutiny of him stems from a legal challenge to the 2018 settlement – which ironically came out in the bank's favor.