Search Results for: Switzerland
MAS directs Swiss Bank “BSI Bank” to shut down in Singapore
May 24th, 2016
The Monetary Authority of Singapore (MAS) announced today that it has served BSI Bank Limited (BSI Bank) notice of intention to withdraw its status as a merchant bank in Singapore for serious breaches of anti-money laundering requirements, poor management ...
One of the World’s most expensive Countries is discussing paying people $2,500 a month for doing nothing
May 23rd, 2016
The Swiss are discussing paying people $2,500 a month for doing nothing. The country will vote June 5 on whether the government should introduce an unconditional basic income to replace various welfare benefits. Although the initiators of the plan haven’t stipulated how ...
Cryptocurrency Ethereum has seen its value skyrocket
May 23rd, 2016
Ethereum, the world’s second-most valuable cryptocurrency, has seen its value skyrocket as investors and developers have sought different ways to use the technology introduced by bitcoin. But is it ready for the big time? That’s what some are asking ...
ECommPay: Regulations of FOREX industry
May 18th, 2016
Forex (FX) regulation is crucial to both security and mutual trust between traders and operators. Companies operating from jurisdictions lacking in regulatory supervision are able to do so in an unfair and illegal manner without facing serious repercussions. Moreover, ...
Hedge Fund Tax Guru, Diya Wilson, moves from Deloitte to PwC
May 18th, 2016
PwC has recruited Diya Wilson as a tax partner in its Asset & Wealth Management practice. Ms Wilson joins from Deloitte, where she was was responsible for leading the Firm’s hedge fund tax business in London. She initially joined ...
Top Currency Traders Warn White House Race May Echo Brexit Chaos
May 16th, 2016
Campaign trail rhetoric foreshadows dollar volatility ahead Policies on trade, currency manipulation may weaken greenback Traders wanting to know what November’s U.S. presidential election will mean for the dollar need look no further than the U.K. The pound plunged ...
Balkan Offshore Businesses Named in Panama Database
May 12th, 2016
Scores of people from the Balkans including tycoons, an ex-ambassador, politicians, a banker and some convicted fraudsters appear in a newly-released database of users of offshore tax havens. Scores of people and companies linked to Balkan countries appear in the ...
Swiss Town Accepts Bitcoin for Public Services
May 10th, 2016
A town in Switzerland has begun to accept Bitcoin payments for certain city services. The northern town of Zug decided to allow Bitcoin payments earlier this month for public services as a part of a trial run. The municipality services will ...
Leading Swiss law firm heads for Tehran
May 9th, 2016
In what is only the second opening of an international law firm in Iran since the 1979 Iranian revolution, a Swiss firm has opened its doors in Tehran. Swiss law firm Python & Peter has launched its office in ...
Digital Asset Holdings announces acquisition of Swiss-based technology company Elevence
April 21st, 2016
Digital Asset Holdings (Digital Asset), a developer of distributed ledger technology for the financial services industry, today announced that it has acquired Zurich-based Elevence Digital Finance AG (Elevence), a technology firm that has developed an expressive language for financial ...
