Compliance checks come with the territory
Strict rules affect high-earning professionals but help is at hand to cut through the red tape
Legal
2108 articles found
Deposit protection – the banks have to loosen 2 billion Swiss francs
If multiple people share an account, that community will be treated as a separate customer for security purposes.
Red card for John Carew – Ex-Norwegian international footballer jailed for tax evasion
During the relevant period, Carew had submitted Norwegian tax returns which stated that he was resident in the UK for tax purposes.
Goldman Sachs to Pay $4 Million SEC Penalty in ESG Fund Case
Asset management unit didn’t follow policies, procedures: SEC
CS shareholders give the green light
Bank President Axel Lehmann saw the vote at the general assembly as a vote of confidence.
Alpadis Group obtain license, open new office in Dubai International Financial Centre
Alpadis Group secure license to operate in DIFC, to offer more solutions for financial services, Family Office, Holding companies, investment funds and other structures
Apex Group Budget Briefing – Autumn Statement 2022
The Office for Budget Responsibility saw an average inflation rate for this year of 9.1% and 7.4% predicted for next year.
GFG Takes Step Towards Settlement With Creditors
The agreement, subject to approval, pauses further litigation by the Swiss bank against the steel group.
Swiss National Bank Chairman Hints Again at Future Rate Hikes
The market expects the SNB to hike rates at its next monetary policy meeting on Dec. 15, a forecast Jordan acknowledged, adding market expectations had the SNB's policy rate rising to 1.5% to 2% in the next two years.
UBS Wealth Managers Who Jumped Ship Sued in the US
UBS is now suing seven members of the team saying they contacted UBS clients to lure them to RBC in violation of confidentiality and nonsolicitation agreements.
Former Morgan Stanley CEO on Swiss banks: Secrecy is 'their nature'
It also promised to reveal any hidden bank accounts.
SNB President signals rate hike with reference to 1970s
The Swiss National Bank appears to be preparing for further interest rate hikes in a bid to fight inflation, having already raised interest rates twice this year to the current level of 0.5 percent.