Two Russian Banks Excluded From Swiss Banking
Gazprombank (Switzerland) Ltd and Sberbank (Switzerland) Ltd excluded from the Swiss Bankers Association
Legal
2108 articles found
Private banks and investment firms face Russian client dilemma
As the net tightens around Russian wealth following the outbreak of war, investment firms need to pay close attention to their client banks to make sure they are not caught up in the crisis.
Economic Crime Bill to introduce long-awaited register of foreign beneficial owners of UK land
The Bill also contains provisions to beef up the system of unexplained wealth orders.
CS sues in Australia over greensill funds
The big bank had suffered significant losses in the business with so-called supply chain funds, as finews.ch has reported on various occasions.
Private Banking: Moscow Does Not Answer Anymore
Until now, that option was considered as «going nuclear» when it came to Russian sanctions and taking the step had been a controversial one within the EU.
Credit Suisse asks investors to destroy documents linked to oligarch and tycoon yacht loans
Swiss bank issues legal request to stem information leaks after FT story on lending unit
EBRD moves forward with action against Russia and Belarus
To pass the resolution under Article 8.3 requires the support of a majority of not less than two thirds of the Governors, representing not less than three fourths of the total voting power of members.
Swiss Look Set to Freeze Russian Assets
Last week, Russia sent troops into Ukraine and launched missile strikes near major cities and military infrastructure, sparking a new geopolitical crisis with far-reaching implications.
South Africa: Wealth declaration is not all negative
Allows government to gather better information before starting to make any tax moves.
U.K. Plans New Law to Crack Down on Foreign Money Laundering
Law will set up registry of foreign owners of U.K. property
The Swiss banking clean-up is a mirage
The impact of Swiss ‘success’ in these areas amounts to, TJN estimates, tax losses suffered by other countries of some US$21 billion a year, or enough to fully vaccinate more than a billion people against COVID.
Singapore to Join «Like-Minded Countries» on Russia Sanctions
Singapore intends to act in concert with many other like-minded countries to impose appropriate sanctions and restrictions against Russia