01/26/2022
Inclusive Framework BEPS Agreement – Policy Perspectives
KPMG response to the Inclusive Framework BEPS announcement made on 20 December 2021.
Legal,Regulation,Tax & Compliance
01/25/2022
Ex-Raiffeisen CEO Asks for Delay in Criminal Trial
The request follows district court judge Sebastian Aeppli's allotment of four more days to the trial, which is based on a nearly 400-page indictment after years of investigation.
01/25/2022
How Can Financial Institutions Achieve Efficient Regulatory Reporting?
When the accountholders provide their information to a financial institution, they expect that the institution will use their information to comply with the law.
01/24/2022
Strip clubs and fraud: the trial of an unconventional Swiss banker
While Raiffeisen is not on trial, the bank’s reputation has been dragged through the mud for authorising lavish foreign trips and strip club outings on company expenses and for failing to spot a series of suspect deals.
01/24/2022
Handling cryptocurrencies in Hong Kong divorce proceedings
I suspect my spouse owns cryptocurrency. What does this mean for my divorce?
01/21/2022
Have you disclosed the impacts of climate-related matters clearly?
IFRS Standards facilitate these disclosures.
01/21/2022
OECD releases latest edition of the Transfer Pricing Guidelines for Multinational Enterprises and Tax Administrations
Governments need to ensure that the taxable profits of MNEs are not artificially shifted out of their jurisdiction and that the tax base reported by MNEs in their country reflects the economic activity undertaken therein and taxpayers need clear guidance
01/20/2022
EU Sustainable Finance Regulation
Navigating the sustainable landscape with Refinitiv
01/19/2022
Tackling cyber fraud using both human and artificial intelligence
With this system, artificial intelligence helps combat payment fraud, for example, by making it easy for suspicious patterns of behaviour or unusual payments to be flagged to protect clients funds.
01/19/2022
ESG Legal Outlook 2022
In this publication we explore key global ESG themes we believe will shape the legal outlook for businesses in 2022.
01/19/2022
Economic substance in the post-pandemic era: the truth of the matter.
Above all, it is important that businesses understand the evolving economic climate.
01/19/2022
The global minimum tax rate: Are we nearly there yet?
On 20 December 2021, the OECD published keenly awaited model rules designed to implement Pillar Two of its ambitious plans to reform international taxation.
01/19/2022
Ex-Raiffeisen Boss Heads Into Criminal Trial
The criminal trial of Pierin Vincenz is set to open next week, offering a revealing glimpse into a 16-year CEO tenure at Raiffeisen and illustrating how the long-standing CEO was able to shift influence from cooperative member banks as well as his own boa
01/18/2022
Wealth firm in High Court battle after directors’ ‘gross misconduct’ dismissal
The ex-directors of Bartholomew Hawkins Limited took consolidator IWP to court over the value of their shares after they were fired for gross misconduct.
01/14/2022
Credit Suisse Files Five Greensill-Linked Insurance Claims
Some of the claims submitted were related to both funds but the bank did not specify with whom it had made the filings.
01/13/2022
Being on top of Ultimate Beneficial Ownership Compliance
While for lawmakers it is still a field for further discussion, companies in different jurisdictions are required to be compliant with the UBO laws already set out.
01/12/2022
UK launches consultation on domestic implementation of global minimum tax for large multinational groups
The UK government has today (11 January 2022) published a consultation seeking views for how a worldwide 15% minimum corporation tax should be domestically implemented.
01/12/2022
Zero Hour for Independent Asset Managers
Institutional investors throughout Europe have pledged Quaestor Coach about $300 million, mainly for Swiss buys.
01/12/2022
Kim Kardashian, Floyd Mayweather Jr., Others Sued Over Cryptocurrency Promotion
Lawsuit alleges celebrities made false or misleading statements to investors about EthereumMax; company disputes allegations
01/12/2022
Update on the Delisting of The Bahamas From the European Union List of Third-country Jurisdictions
The engagement with the EU DG FISMA began in August 2020 and culminated with The Bahamas' submission of additional information and data in early October 2021.