The case Yesterday, Credit Suisse Services AG pleads guilty to tax crimes, signs a separate Non-Prosecution Agreement related to conduct in Singapore, and agrees to pay more than $510M. Source: US DoJ The commentary Credit...
Read MoreThe case Switzerland’s population is projected to reach 10.5 million by 2055, up from 9.0 million in 2024. This growth is primarily driven by migration, with the extent depending on socio-economic and political...
Read MoreThe case The agreement between Switzerland and the UK, which has now been approved by both the Council of States and the National Council today, marks an important step in international financial market integration. Source:...
Read MoreThe case The next meeting of the RK-N has been scheduled for 13 February 2025. Among other things, 24.046 s BRG Federal Act on the Transparency of Legal Entities and the Identification of Beneficial Owners (TJPG) will be...
Read MoreThe case On 1 Janaury 2025, the partially revised VAT law, the partially revised VAT ordninace as well as a number of further important amendments endered into force. Source: FTA The commentary You can find more in-depth...
Read MoreThe case On 18 December 2024 the members of the Upper Chamber deal with agenda item no. 24.046 Federal Act on the Transparency of Legal Persons and the Identification of Beneficiaries (TJPG). The whole of Switzerland’s financial...
Read MoreThe case Yesterday, at the Finance Forum in Zurich, FINMA CEO Stefan Walter emphasized the need for advancing financial market supervision, particularly in the context of ongoing transformation within the sector. Source: FINMA...
Read MoreThe case Stefan Walter, Director of the Swiss Financial Market Supervisory Authority FINMA, has once again emphasised the importance of a clear legal framework that allows effective financial market supervision. Source: FINMA...
Read MoreThe case Italy’s decision to double the “flat tax” on income earned abroad by wealthy individuals who move their tax residence to the country is a significant move in the ongoing debate about tax havens and...
Read MoreThe case The EU Tax Observatory published a report on 25 June that was authored by the French economist Gabriel Zucman, as commissioned by the Brazilian presidency of the G20. The report provides a blueprint for a coordinated...
Read MoreThe case FINMA publishes guidance. Source: Finma The commentary FINMA has published its findings from its supervisory activities in the area of cyber risks in guidance. It also provided further details on the obligation to...
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