Managers of Wealth

Federal Council adopts national gender equality strategy

Switzerland has seen much progress in gender equality since the introduction of women's suffrage 50 years ago.

Russian Billionaire Faces Swiss Probe Over Monaco Arrest

Probe was opened in February by Swiss federal prosecutors

UK announces new sanctions regime to stop money launderers treating country as ‘honey pot’

The move brings the UK in line with the US and Canada in adding corruption to its Magnitsky Act sanctions regime.

Coutts sex claims banker launches firm with Prince Andrew

Prince Andrew has launched a private office investment business alongside a former top Coutts banker who resigned following an alleged sexual harassment scandal.

International fight over tax revenue jeopardizes Switzerland’s attractiveness as a location

KPMG expects to see another, albeit moderate, tax cut in the next few years since some cantons have not yet implemented all the tax reductions that were provided for within the scope of the Corporate Tax Reform TRAF.

Financial Regulation, Transparency, and Compliance: Switzerland in the top tier yet again

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.

The European Commission Unveils New Sustainable Finance Package

The package focuses on material sustainability reporting and disclosure obligations, as the EU looks to direct capital toward sustainable activities.

Woodford sets up in Cayman after Jersey backlash

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

Swiss bank pays up to settle German tax evasion probe

A long-running dispute with Germany is fading now that both countries and others automatically exchange data about bank accounts.

UK Footballers and their agents face increased tax bills as HMRC clamp down on perceived tax loophole

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’.

Credit Suisse: FINMA opens proceedings in “Archegos” case and confirms ongoing proceedings in “Greensill” case

FINMA will investigate in particular possible shortcomings in risk management. FINMA will appoint a third-party agent to investigate the matter at the bank.

Heirs to German Industrial Fortune Face $6 Billion Tax Bill

Payment may be largest in German history, magazine reports

US President to 'propose hiking tax on rich'

The plan would also nearly double taxes on capital gains to 39.6% for people earning more than $1m.

£140000 fine against Standard Chartered Guernsey subsidiary

A licensee is expected, at all times, to comply with the requirements of the Regulations

Cyber hack challenges in international arbitration

Proceedings disrupted over allegations of hacking by an adversary

No or only nominal tax jurisdictions carry out first annual information exchanges

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

Swiss authority to probe Credit Suisse over trading losses

The authority said such "enforcement proceedings" against financial institutions typically take months, depending on the complexity of the matter.

Charity begins at Cuthbert’s home — An update on Colin v. Cuthbert

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.

Swiss Regulator Probes Credit Suisse's Scandals

The Bern-based regulator confirmed that it opened an investigation last month into Credit Suisse's involvement with insolvent Greensill.

AllianceBernstein Executes Landmark Corporate Bond Trade Utilizing Broadridge's LTX® Trading Platform with Four Buyers on Same Block Trade

LTX's patented RFX digital trading protocol powers historic corporate bond trade initiated by AllianceBernstein to maximize liquidity, efficiency and execution

Legal,Regulation,Tax & Compliance