‘Was the FCA asleep at the wheel?’ Creditors grill WealthTek administrators
Creditors question regulators and search for PI cover at special administrators’ session for collapsed DFM.
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Swiss National Bank tightens monetary policy further and raises SNB policy rate to 1.75%
From 2024 onwards, the new forecast is higher than in March, despite today’s increase in the SNB policy rate.
FCA proposals likely to hurt smaller MPS providers
Regulation aligning wealth and fund management activities will not worry large managed portfolio service providers but could threaten smaller businesses, warn industry figures.
Swiss Back Minimum Tax, Climate Goal; Geneva Rejects Wealth Levy
A rejection of the measure would have allowed other countries to pocket the estimated additional annual revenue of 1 billion to 2.5 billion francs ($1.1 billion to $2.8 billion), according to the OECD agreement.
Key Credit Suisse Whistleblower is Just Getting Started
The plight of a whistleblower is a difficult one - particularly when they are going up against what was once one of the world’s largest financial institutions.
Litigation financer Nivalion obtains asset manager licence
Nivalion generates money for investors by investing in court cases.
Genevans To Vote on Taxing the Rich
This weekend Genevans will vote on a proposition put forward by left-wing representatives to apply a solidarity contribution during a period of ten years on personal wealth over three million Swiss francs.
Warnings of ‘fire escape’ tax plans for wealthy Brits under Labour
He claimed clients who settled here for tax reasons to start with say they are willing to leave.
Swiss National Bank Detached From Fed's Upcoming Decision
This could then point to a further interest rate hike as early as July or as late as September.
Ex-Julius Baer employees win appeal over British ban
The three ex Bank Julius Baer employees appealed against the proposed bans to London's Upper Tribunal
HanseMerkur Trust Swiss receives Finma licence
The company is a subsidiary of a Hamburg health insurance provider.