Swiss bank hit with €4.5bn tax evasion fine
UBS claims conviction was ‘not supported by any concrete evidence’
Switzerland
-
-
Swiss financial group launches private market advisory firm
Investors will have access to private equity, private debt and real estate
-
Swiss leaks whistleblower dodges latest extradition bid
Spain rejects second attempt by Switzerland to hand over former HSBC anti-tax evasion crusader
-
Swiss watchdog raps Credit Suisse for money laundering failures
Investigations into Fifa and Brazilian and Venezuelan oil companies revealed ‘deficiencies’
-
Fund consultancy group gets Swiss licence
Firm authorised to distribute collective investment schemes and tap outsourcing boom
-
Generali Worldwide opens first Swiss office
The move sweetens the firm’s acquisition by Utmost Wealth Solutions
-
Columna Fund investigator calls for Lux’bourg regulator action
Negligence by directors claimed as fund took investors money after problems known
-
Swiss banks no longer a safe haven for Indian tax dodgers
Two Indian citizens who argued their Swiss bank account details should not be handed over to Indian authorities in a tax dodging probe have lost their case in Switzerland’s highest court.
-
Swiss banking secrecy laws ‘not doomed yet’
Plans to scrap a class of anonymous shares in Switzerland have been met with fierce opposition and will likely not be passed into law, as three out of four of the nation’s major political parties have criticised the idea.
-
Securing international talent a challenge for Switzerland
Securing top international talent is the biggest challenge facing Switzerland’s private banking industry according to a trade association
-
Swiss to exchange information with HK and Singapore in 2019
Switzerland will start automatically exchanging financial account information with Singapore and Hong Kong from Autumn 2019 and with other financial centres from 2020.
-
Swiss and HK sign wealth management deal
Switzerland and Hong Kong have signed a trio of deals to strengthen financial services between the jurisdictions.