09/25/2020

EU-US Privacy Shield declared invalid – what's next?

To ensure transatlantic data flows between the EU and the US following this annulment, the EU Commission and the US government reached a new political agreement on the subject, following which the Privacy Shield decision was adopted in July 2016.

09/24/2020

FINMA reprimands Swiss private Bank

In the course of these proceedings FINMA found that the bank did not make sufficient efforts to investigate the substantial growth in the client’s assets.

09/23/2020

SIX unveils tax tool for wealth managers

SIX today launches “SIX Tax Score®”, designed to analyse the tax consequences of financial products, available to banks, wealth managers and asset managers in the form of a benchmark covering Swiss, UK and French tax jurisdictions.

09/22/2020

Adapting English law for the digital revolution

The work on digital assets will ensure that the law is capable of accommodating electronic documents, cryptoassets and other digital assets in a way which allows the possibilities of technology to flourish.

09/22/2020

Britain Plans Law to Safeguard City of London's Global Standing

The reference to world leading prudential standards will reassure regulators in Britain who have cautioned about being given a formal remit to maintain the competitiveness of London as a global financial centre when writing new rules, fearing it would wea