Managers of Wealth

Thomas Gottstein Said to Be Target of Finma Probe

When Thomas Gottstein took over from Tidjane Thiam in February 2020

IQ-EQ acquires ComplianceAsia and Lymon Pte Ltd

These transactions are incredibly exciting for us as it not only significantly expands our existing regulatory compliance business here in Asia Pacific

Swiss regulators need to face up to Credit Suisse failures

As the country prepares for the challenge of supervising an enlarged UBS, rule changes are not the answer

Switzerland and France sign an additional agreement supplementing the bilateral double taxation agreement

The additional agreement also updates other provisions in the double taxation agreement between Switzerland and France.

‘Was the FCA asleep at the wheel?’ Creditors grill WealthTek administrators

Creditors question regulators and search for PI cover at special administrators’ session for collapsed DFM.

Swiss National Bank tightens monetary policy further and raises SNB policy rate to 1.75%

From 2024 onwards, the new forecast is higher than in March, despite today’s increase in the SNB policy rate.

Odey AM employee assets restricted by FCA

Client assets remain unrestricted

FCA proposals likely to hurt smaller MPS providers

Regulation aligning wealth and fund management activities will not worry large managed portfolio service providers but could threaten smaller businesses, warn industry figures.

Swiss Back Minimum Tax, Climate Goal; Geneva Rejects Wealth Levy

A rejection of the measure would have allowed other countries to pocket the estimated additional annual revenue of 1 billion to 2.5 billion francs ($1.1 billion to $2.8 billion), according to the OECD agreement.

Key Credit Suisse Whistleblower is Just Getting Started

The plight of a whistleblower is a difficult one - particularly when they are going up against what was once one of the world’s largest financial institutions.

Litigation financer Nivalion obtains asset manager licence

Nivalion generates money for investors by investing in court cases.

Genevans To Vote on Taxing the Rich

This weekend Genevans will vote on a proposition put forward by left-wing representatives to apply a solidarity contribution during a period of ten years on personal wealth over three million Swiss francs.

Warnings of ‘fire escape’ tax plans for wealthy Brits under Labour

He claimed clients who settled here for tax reasons to start with say they are willing to leave.

Swiss National Bank Detached From Fed's Upcoming Decision

This could then point to a further interest rate hike as early as July or as late as September.

Ex-Julius Baer employees win appeal over British ban

The three ex Bank Julius Baer employees appealed against the proposed bans to London's Upper Tribunal

HanseMerkur Trust Swiss receives Finma licence

The company is a subsidiary of a Hamburg health insurance provider.

Odey Asset Management freezes funds as clients pull money, prime brokers flee

Crispin Odey has denied the allegations of misconduct, which were jointly reported by the Financial Times and Tortoise on Thursday.

Completion of large banks merger brings clarity and stability

FINMA will continue to supervise the merged large bank very closely during the integration process.

UBS and Swiss government sign Loss Protection Agreement

The agreement will remain in effect until the realization of all assets covered by the guarantee, or until it is terminated by UBS.

Lex Greensill and former Credit Suisse bankers face Swiss criminal case - reports

Funds linked to Greensill Capital

Legal,Regulation,Tax & Compliance