04/26/2021
Given the importance of the banking sector for countries like Switzerland or the UK, the index documents and highlights efforts and developments relative to other financial centers.
04/26/2021
The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities.
04/26/2021
JFSC Director General Martin Moloney then ramped up the regulatory rhetoric, launching what the Financial Times described as a “blistering attack” on Mr Woodford’s plans
04/26/2021
A long-running dispute with Germany is fading now that both countries and others automatically exchange data about bank accounts.
04/23/2021
The element of the payment which is made on behalf of the player will be treated as taxable income of the player as a ‘benefit in kind’.
04/23/2021
FINMA will investigate in particular possible shortcomings in risk management. FINMA will appoint a third-party agent to investigate the matter at the bank.
04/23/2021
Payment may be largest in German history, magazine reports
04/23/2021
The plan would also nearly double taxes on capital gains to 39.6% for people earning more than $1m.
04/23/2021
A licensee is expected, at all times, to comply with the requirements of the Regulations
04/23/2021
Proceedings disrupted over allegations of hacking by an adversary
04/23/2021
The information to be exchanged relates to the identity, activities, and ownership chain of entities that are noncompliant with substance requirements or that engage in “high-risk” activities, such as activities relating to intellectual proper
04/23/2021
The authority said such "enforcement proceedings" against financial institutions typically take months, depending on the complexity of the matter.
04/22/2021
But Aldi’s Cuthbert is seemingly taking his battle straight to the court of public opinion, by launching a public relations campaign showing some real caterpillar chutzpah.
04/22/2021
The Bern-based regulator confirmed that it opened an investigation last month into Credit Suisse's involvement with insolvent Greensill.
04/22/2021
LTX's patented RFX digital trading protocol powers historic corporate bond trade initiated by AllianceBernstein to maximize liquidity, efficiency and execution
04/22/2021
A third path will enable a PIF to be created as a bespoke private wealth structure requiring a family relationship between investors.
04/21/2021
The offshore financial interests of millions of Britons have been handed to HMRC since 2018
04/21/2021
The current resurgence in SPAC activity started in 2012 and, after initially seeing steady year on year growth, SPAC use suddenly rocketed in late 2019. Since then, growth has been almost exponential.
04/20/2021
While some may forecast a negative impact on the art market as collectors may have less cash in their pockets available for discretionary purchases (like art), we do not think this tax change spells all doom and gloom.
04/20/2021
Zurich-based UBS settled a discrimination and harassment lawsuit with a former graduate of its investment bank in London ten months ago.