05/20/2021
Global accounting firms have mostly managed to keep their clients' names secret by arguing that their codes of conduct prevent them from publicly naming the multimillionaires behind the shell companies they helped to set up.
05/20/2021
The case dubbed “Cambio Veloce” -- Italian for Quick Exchange -- by prosecutors has been run out of Lugano, an Italian-speaking financial hub in Switzerland.
05/20/2021
Winning this award for the second successive year is testament to the hard work of our teams
05/19/2021
Archegos' bankruptcy prompted Credit Suisse to lose 5 billion Swiss francs ($5.5 billion) to date, hitting it harder than other banks.
05/19/2021
Orcel, who ran UBS' investment bank for six years, isn't backing down, but he is dropping the part of his claim demanding Santander make good on the job offer.
05/19/2021
Regulatory reforms to improve corporate transparency and crackdown on white collar crime prompted most offshore jurisdictions to reform their bearer share regimes.
05/19/2021
This strategic transaction is the first for IQ-EQ in the U.S. Private Wealth trust space, and a signifier of IQ-EQ’s future intent within the U.S. Private Wealth market.
05/18/2021
Private bank worker passed on customers’ security details to organised crime gang
05/18/2021
Swiss Life Holding AG, Swiss Life (Liechtenstein) AG, Swiss Life (Singapore) Pte. Ltd., and Swiss Life (Luxembourg) S.A. Enter into Deferred Prosecution Agreement for Criminal Misconduct; Agree to Collectively Pay More than $77 Million
05/18/2021
Parliament speaker Demetris Syllouris and an opposition MP were secretly filmed allegedly trying to facilitate a passport for the fugitive investor.
05/18/2021
UK firms will not have to implement the IFPR until January 2022, unless they have a European base or subsidiary.
05/18/2021
Scheme seeks to boost city’s position as investment gateway to China’s GBA
05/17/2021
The settlement offer, revealed by The Australian Financial Review, follows Morgans’ own internal investigations having raised alarms about the branch.
05/17/2021
The central question is whether regulation of major banks needs to be tightened,» she told the Swiss weekly.
05/17/2021
Lawmakers have to weigh possible tighter rules for risk management, the provision of capital buffers and remuneration policies, Prisca Birrer-Heimo, a councillor with the Social Democratic Party, told SZ.
05/17/2021
The collapse of the supply chain finance firm has hurt more than 1,000 of the bank’s customers
05/17/2021
The recovery...sends an unequivocal message that offshore evasion is still a high priority of Internal Revenue Service Criminal Investigation
05/17/2021
The Broadridge Global Class Action Annual Report offers an in-depth analysis of the 10 most complex class action recovery opportunities from 2020 involving financial instruments.
05/14/2021
Much of the key policy work undertaken last year was designed to assist industry
05/14/2021
The European Court of Human Rights ruled that Luxembourg’s treatment of whistleblower Raphael Halet “struck a fair balance” between protecting his freedom of expression and the rights of PwC, despite objections from two dissenting judges