Search Results for: Swiss National Bank
Low tax Zug aims to become Switzerland’s ‘Crypto Valley’
September 8th, 2016
Zug town hall now accepts bitcoin More than a dozen crypto currency firms operating there so far Government looking at changing regulation to attract more firms The small Swiss canton of Zug, famed for the low taxes that have ...
Asia markets mostly down; Nikkei sells off following disappointing inflation data
August 29th, 2016
Asia markets closed mostly lower on Friday, with Japanese stocks selling off more than 1 percent after soft inflation data prompted concerns over the effectiveness of government stimulus. The benchmark Nikkei 225 closed down 195.24 points, or 1.18 percent, at 16,360.71. Across the ...
Geneva’s Corporate-Tax Fight Becomes ‘Mother of All Battles’
August 29th, 2016
When the European Union pressured Switzerland to scrap tax breaks for foreign companies, Geneva had the most to lose. Now, the canton that’s home to almost 1,000 multinationals is set to use tax to burnish its appeal. Geneva will ...
EU mergers and takeovers
August 2nd, 2016
Aug 2 The following are mergers under review by the European Commission and a brief guide to the EU merger process: APPROVALS AND WITHDRAWALS — Sony Corp to buy out the Michael Jackson estate’s stake in its music publishing ...
Oberthur Technologies and Swatch announced key partnership for contactless payments
June 17th, 2016
OT (Oberthur Technologies), a leading global provider of embedded security software products and services, announces a key partnership with Swatch, the renowned Swiss watchmaker and one of the world’s most popular brands, to provide contactless payment to customers in ...
Credit Suisse announces 1Q16 results
May 11th, 2016
Significant cost savings across the bank, and profitable growth and net asset inflows in APAC, IWM and Swiss UB. Stable capital position at 11.4% Highlights 1Q16 financial performance Group reported pre-tax loss of CHF 484 million (adjusted*: CHF 173 ...
The Financial Regulators of UK, Switzerland, Hong Kong, Malaysia, Ireland and Sweden warn for unauthorised investment services firms
May 11th, 2016
The Financial Conduct Authority (FCA) of UK, the Swiss Financial Market Supervisory Authority (FINMA), the Securities and Futures Commission (SFC) of Hong Kong, the Securities Commission (SC) of Malaysia, the Central Bank of Ireland and the Finansinspektionen of Sweden ...
US tax havens – the new Switzerland
May 9th, 2016
America is a magnet for offshore wealth, notably South Dakota, which has guaranteed secrecy In an old discount store hugging a corner in downtown Sioux Falls, South Dakota, the heirs to the William Wrigley chewing gum fortune have an office for ...
FSMA added new companies on its list of unauthorised investment firms in Belgium
May 5th, 2016
The Financial Services and Markets Authority (FSMA) has issued an announcement to inform that the Authority has updated its list of providers of/intermediaries in binary options and forex products, “recovery rooms” and “boiler rooms”, all operating unlawfully in Belgium. Below is ...
EU referendum: Seven Brexit myths debunked by economists
April 22nd, 2016
With so many unknowns going into the EU referendum, there have been plenty of claims and counter-claims being made about the impact leaving the union could have on the UK. Economists at Berenberg claim the debate has been “shrouded in myths, ...
