05/08/2022
Long Arm of U.S. Law Nabs Oligarch's Yacht in Fiji
The yacht arrived in Fiji on April 12, and a week later a judge ordered authorities to prevent is leaving Fijian waters.
Legal,Regulation,Tax & Compliance
05/06/2022
Sberbank Facing Swift Expulsion
Sberbank and the other two banks would join seven other banks that the EU said it would bar from Swift in March.
05/04/2022
Three reasons why odds of US recession are high
A hoped for soft economic landing seems unlikely as the Federal Reserve seeks to restore price stability.
05/03/2022
Zurich family office receives Finma licence
The company is an independent multi-family office and asset manager.
05/03/2022
PwC’s Global Economic Crime and Fraud Survey 2022
Protecting the perimeter: The rise of external fraud
05/03/2022
Good housekeeping for the new tax year
The earlier you use certain tax allowances, the more you shelter assets from ongoing tax.
05/03/2022
Finma extends protective measures for creditors of Sberbank
The measures were first introduced at the start of March.
05/03/2022
Capacity Issues and Lasting Powers of Attorney
Mental incapacity is the inability to do something or to provide consent for something by reason of a mental disorder or disability.
05/03/2022
Swiss Banking Law Comes Under UN Criticism
The threat of severe punishment causes journalists to self-censor, Khan said, adding that the ban should provide grounds for the overriding public interest.
05/03/2022
US can seize Russian oligarch’s $436m superyacht: Fiji court
Fiji’s High Court ruled it would grant an order to register a US seizure warrant, but it also allowed the defence
05/02/2022
Credit Suisse sued in U.S. over alleged business related to oligarchs
The law firm alleged disclosure shortcomings around a securitisation deal.
05/02/2022
Another Setback For Credit Suisse
60 percent were against the discharge, which proxy advisors ISS and Glass Lewis recommended rejecting because of the significant financial damage and reputational cost to the bank.
04/29/2022
Updated Global Financial Regulation, Transparency, and Compliance Index
The Index is a simple and understandable ranking of the extent to which individual countries adopt, comply with, and enforce a set of global standards.
04/29/2022
HSBC set to be accused of greenwashing by Advertising Standards Authority - reports
The UK advertising authority judged the effect of the campaign was to lead customers to believe the bank was making "a positive overall environmental contribution as a company," a ploy that could influence decisions around financial products.
04/28/2022
Ukraine: Further EU sanctions against Russia implemented
This is to enable Switzerland to export NBC protective equipment under a request for assistance from the OPCW.
04/28/2022
Four Charged In Connection With Multi-Billion Dollar Collapse Of Archegos Capital Management
Sung Kook (Bill) Hwang – the Founder and Head of Archegos – and Three Others Charged with Racketeering and Fraud Offenses Related to Market Manipulation Scheme
04/27/2022
Bufferati - speech by Sam Woods
Sam Woods looks at the rules that are in place to make sure banks have enough capital put aside to withstand economic shocks. He sets out a radical, alternative approach that he argues would be much simpler.
04/27/2022
Beneficial ownership transparency: how to fix a serious secrecy loophole in the automatic exchange system
This loophole works because the beneficial owner of an account is not always reported under the OECD’s standard (CRS) and is never reported by the US under the inter-governmental agreements related to the Foreign Account Tax Compliance Act
04/27/2022
The Global Risks Report 2022: Worlds Apart
It concludes with reflections on enhancing national and organizational resilience, informed by lessons from year two of the pandemic.
04/26/2022
Two Russian Oligarchs Die in Mysterious Circumstances 24 Hours Apart
The scene suggested the women had been stabbed, before Protosenya hanged himself in the garden.