Search Results for: Swiss
Bitcoin Regulation is on Swiss Government’s Fintech-Friendly Agenda
November 3rd, 2016
Switzerland’s Federal Council has called for reducing the barriers seen by Fintech firms to enter the country which could see broader implications on the country’s regulatory stance on virtual currencies like bitcoin. In a meeting today, the Swiss Federal ...
Swiss rail ticket machines to sell bitcoins
November 1st, 2016
Bitcoin users will soon be able to buy the digital currency from Swiss rail ticket machines. The pilot project starts on November 11 and will initially last two years to see how much demand there is for the service. ...
Swiss Government Makes Case For Corporate Tax Reform
October 31st, 2016
The Swiss Federal Council has announced its support for the proposed changes to Switzerland’s corporate tax framework, known as Corporate Tax Reform III (CTR III), ahead of a referendum on the issue due to take place early next year. ...
One of the world’s largest interdealer brokers raise CHF 110 million on the Swiss capital
October 26th, 2016
Compagnie Financière Tradition SA took advantage of the attractive market conditions to successfully raise CHF 110 million on the Swiss capital market through the placement of a straight bond. This new issuance, with a maturity of 6 years to ...
About 15 Swiss banks reportedly in money laundering ‘red zone’
October 17th, 2016
Roughly 15 Swiss banks are in a”red zone” of lenders particularly exposed to money laundering risks, the head of Swiss banking watchdog Finma said in a newpaper interview published yesterday. Swiss federal prosecutors last week said they have opened ...
Liquid Capital Management is the new trading participant at SIX Swiss Exchange
October 5th, 2016
SIX Swiss Exchange has issued an announcement to inform for the arrival of Liquid Capital Management LLP as its second new trading participant in 2016. The London-based company is part of the Liquid Capital Group which operates globally with further offices in ...
FOREX-Yen, Swiss franc near 1-month high vs dollar as risk sentiment sours
September 30th, 2016
Yen on course to post 3 straight quarters of gains Swiss franc hits one-mth peak vs dollar, 6-week high on euro Concerns about Deutsche Bank sour risk sentiment Sterling in longest losing quarterly streak since 1984 The Japanese yen ...
Digital Asset, SIX Securities Services partner to bring blockchain to Swiss financial market
September 23rd, 2016
Digital Asset Holdings, a developer of distributed ledger technology (DLT) for the financial services industry, and SIX Securities Services, the post-trade infrastructure operator for the Swiss financial sector have entered into a partnership and announced plans to develop a proof-of-concept ...
Swiss National Bank leaves expansionary monetary policy unchanged
September 15th, 2016
The Swiss National Bank (SNB) is maintaining its expansionary monetary policy. Interest on sight deposits at the SNB is to remain at –0.75% and the target range for the three-month Libor is unchanged at between –1.25% and –0.25%. At ...
Former Swiss banker ‘Whistleblower’ has been sentenced to a 14-month suspended jail
August 24th, 2016
Former Swiss banker Rudolf Elmer has been sentenced to a 14-month suspended jail term after being found guilty of forgery and making threats in a long-running legal battle involving his former employer Julius Bär. However, the Zurich court on Tuesday ...
