12/02/2024
As the interbank prices were not available to clients, they had to rely on the RMs’ representations to them regarding the interbank prices and spreads.
11/29/2024
The investigation phase was concluded with the filing of the indictment with the Federal Criminal Court.
11/29/2024
This could result in the money held in pensions within these estates facing extreme effective rates of tax.
11/28/2024
The UK Treasury has issued a technical note and draft legislation clarifying the proposed changes.
11/28/2024
The unauthorised trading was isolated to one individual.
11/28/2024
New rules on resident non-doms (RND) announced in the UK Budget have created material uncertainty and could end up having counter-intuitive implications for the government.
11/22/2024
The center leverages digital financial services to revolutionize its Islamic finance offerings
11/20/2024
Labuan IBFC also made significant strides in expanding its international presence and facilitating greater collaboration across key markets.
11/20/2024
The regulator suspects the persons involved of collectively carrying out activities which are illegal without necessary licences.
11/15/2024
Between 2013 and December 2018 LCF raised a total of over £237 million from about 11,600 bondholders.
11/13/2024
The approval of the strategic objectives and the annual meeting are two important steering tools for the Federal Council with regard to FINMA.
11/13/2024
Musk and ex-presidential candidate Vivek Ramaswamy to head up Department of Government Efficiency (Doge)
11/12/2024
Opening this office further supports TISE’s business development activities across public and private markets
11/11/2024
This is also being closely monitored in Switzerland and the UK.
11/06/2024
The fine was waived because of its cooperation.
11/06/2024
This sentence alone makes it clear what a confusing legal legacy the UBS lawyers have to deal with.
11/05/2024
The senders of the emails claim to be FINMA employees. FINMA does not send such emails and does not contact private individuals as a matter of principle.
11/04/2024
The SFC will continue to work with stakeholders to further enhance and expand the WMC scheme
11/04/2024
The government earlier this year laid out plans for tougher capital requirements for UBS and Switzerland’s three other big banks in a bid to make the financial sector more robust after the crash of Credit Suisse.
11/01/2024
The FCA issued a notice that Odey’s behaviour towards the firm he founded Odey Asset Management and the regulator ‘lacked candour’.