The Case: The Swiss Financial Market Supervisory Authority FINMA has published new guide lines on how to manage digital fraud risks, highlighting a need for stronger action across the banking sector. The Commentary: Based on a recent survey of banks, FINMA identified gaps, particularly in operational risk management and in…
Read MoreThe Case: On 8 March 2026, Swiss voters decided that all individuals will be taxed separately in the future, i.e. everyone will have to file their own tax return, regardless of marital status. The new system is expected to be implemented by 2032 at the latest, after cantons and municipalities…
Read MoreThe Case: The Treasury Department’s latest report shows that Swiss National Bank (SNB) is remaining on the US watch list for potential currency manipulation. The Commentary: The SNB denied the claims, stating that it does not manipulate the franc to prevent balance-of-payments adjustments or gain an unfair economic advantage.
Read MoreThe Case: A series of new laws and regulatory changes came into force across Switzerland at the beginning of 2026, affecting key areas such as transport, energy, healthcare, criminal law, construction as well as taxation. The Commentary: In the transport sector, a new federal law on air passenger data now…
Read MoreThe Case: Company bankruptcies in Switzerland skyrocketed in the first 11 months of 2025, particularly affecting the construction sector, catering sector as well as retail sectors. The Commentary: According to economic information service Crif, 11,057 companies went bankrupt between January and November, a rise of more than 36 % compared…
Read MoreThe Case: Switzerland has postponed the start of automatic exchange of crypto-asset tax information under the OECD framework, whose introduction was originally planned for 2026. The Commentary: The delay follows announcements by key partner countries that they would implement the reporting later than expected because of ongoing international discussions on…
Read MoreThe Case: Federal Councillor Ignazio Cassis claimed that “if a Swiss company only produces strawberry jam for Switzerland, they don’t need to worry about EU regulations.” This statement has attracted criticism for being misleading, as it may suggest that some Swiss companies can completely ignore EU rules, which isn’t really…
Read MoreThe Case: Yesterday, the Financial Action Task Force (FATF) urged countries to “come clean” on shell companies, which it described as the “getaway car” for illicit financial activity. The Commentary: The warning comes ahead of a new round of FATF national assessments, where evaluators will closely examine how effectively jurisdictions…
Read MoreThe Case: UBS is to pay USD 300 million to settle outstanding obligations related to the misselling of mortgage-linked investments by Credit Suisse in the United States. The Commentary: Information from UBS: On 1 August 2025, Credit Suisse Securities entered into an agreement with the US Department of Justice to…
Read MoreIn Switzerland the number of residence permits granted based on important interests has increased significantly in the last two years. But what countries do the people paying for a residence permit come from?
Read MoreThe case North America ‘s high-net-worth individual population is surging, while the one in Europe and Middle East is shrinking. Source: Capgemini The commentary The Capgemini World Wealth Report 2025, released today,...
Read MoreThe 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...
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