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Switzerland

HSBC logo

HSBC files show how Swiss bank helped clients dodge taxes and hide millions (Video)

09/02/2015(0)
Data in massive cache of leaked secret bank account files lift lid on questionable practices at subsidiary of one of world’s biggest financial institutions. HSBC’s Swiss banking arm helped ... Read More
SIX_logo

SIX selects UnaVista as partner for its Swiss derivative trade repository solution

05/02/2015(0)
In response to banks’ demand, SIX Securities Services Ltd is to establish a central trade repository for derivative transactions in Switzerland. The service from SIX will use the reporting technology ... Read More
PWC logo

PwC launches 18th Global CEO Survey results in Davos, Switzerland (Video)

21/01/2015(0)
Dennis Nally, Chairman of PricewaterhouseCoopers International, presented some of the key findings of PwC’s annual survey of business leaders from around the world at a press briefing in Davos, ... Read More
Swiss franc shock

Forget Switzerland: These banks will be hit by SNB shock

20/01/2015(0)
Switzerland’s shock scrapping of its currency cap could knock Swiss bank earnings by 10-15 percent, but financial firms in nearby central and eastern European countries could be worse affected, ... Read More
tax post

Switzerland, Italy Reach Agreement On Tax Treaty

20/01/2015(0)
Italy and Switzerland have agreed an amendment to their double tax agreement to enhance tax information exchange provisions. It is hoped that the agreement will be signed before the ... Read More
Swiss franc - chf

Here’s What the Swiss Central Bank Just Did and Why It’s Such a Shocker

19/01/2015(0)
Today the Swiss National Bank shocked the world when it announced it would remove the cap it had in place to prevent the Swiss franc from rising too high ... Read More
swiss banks

Switzerland Legislates For Automatic Exchange tax-related information

16/01/2015(0)
The Swiss Federal Council has launched two parallel consultations on legislation that would enable Switzerland to automatically exchange tax-related information from 2018. The first consultation concerns draft legislation arising ... Read More
Asian-stocks - man walking in the rain in front of live rates board

Asian Stocks Slide With U.S. Futures, Bonds Climb on SNB

16/01/2015(0)
Asian shares dropped with U.S. index futures as the market turmoil sparked by Switzerland abandoning the franc’s cap extended into a second day. Sovereign bonds rallied and gold traded near a ... Read More
swiss banks

Swiss Government Rejects Proposal To Replace VAT

09/01/2015(0)
The Swiss Government announced on January 7, 2014, that it had again rejected a popular initiative, “energy instead of VAT,” that would have replaced the nation’s value-added tax (VAT) ... Read More
swiss banks

Switzerland To Refine the withholding tax (WHT) system

23/12/2014(0)
The Swiss Federal Council has said that it intends to refine the withholding tax (WHT) system, to provide increased stability and facilitate the raising of capital. The Council explained ... Read More
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