Swiss Sberbank goes to entrepreneurs with Lebanese roots
The transaction has received the approval of the authorities responsible for the sanctions provisions in Switzerland and abroad, Finma said.
Legal
2108 articles found
UAE wealth firms fined for regulatory breaches
Watchdog said it is ‘committed’ to make companies comply with the rules
Our tax system is in urgent need of an overhaul
Tax rules are stacked in favour of the rich and unless there is meaningful change we could be heading for disaster
Leo Wealth Opens Tokyo Office for US Tax Services
The new office will specifically focus on US income tax preparation and planning, tax compliance, and cross-border inheritance tax planning and tax-efficient outcomes.
Completion of BNP Paribas Jersey Trust Corporation Limited
This latest deal will bring additional scale and local expertise to ZEDRA’s already fast growing Jersey office.
Tax non-compliance to be ‘hard and costly’: Sars wealth unit director
Anyone believing that they are ‘out of sight, out of Mind’ may fast find themselves being approached by revenue service, says Natasha Singh.
Insurance woman wins discrimination lawsuit against Swiss Re
Sommer says she was passed over for two managerial positions while she was on maternity leave, despite having more experience than those hired later.
Bank compliance for wealth management subsidiaries
When establishing BWMS, the qualifications and business capacities of shareholders, especially initiators and controlling shareholders, are of great concern and strictly examined by regulators.
UK FCA issues clarification on IFPR and SM&CR
This was to retain the definition in the FCA’s rules following deletion of the IFPRU sourcebook.
‘Absolutely glorious’: Malaysians hail jailing of Najib Razak
Malaysians say they hope Najib’s jailing serves as a warning against corruption as the former prime minister spends his first day in prison at a complex outside the capital.
UBS set for CHF 200m fine over messaging app misuse – report
The banks will also admit their staff’s use of the apps, such as WhatApp, was against regulations, the article continues.
Six’s regulator says biotech broke reporting rules and proposes sanctions
The company allegedly violated the regulations in the financial reporting of 2019 and 2020.