Switzerland

Author Archives: Michael Schneebeli

FATCA draft rules – anything new?

By Michael Schneebeli
on 09. 02. 2012

On 8 February 2012 the long awaited draft rules of the IRS have been published. The delay seems to be related to talks between different European Governments and the IRS to work around potential legal issues around handing over client data directly to the IRS.

Turn compliance into business opportunities

By Michael Schneebeli
on 13. 12. 2011

For financial institutions, this raises the question of whether they can continue to pursue current company strategies or the existing business model when taking into consideration the changes that have already occurred as well as those changes that are looming.

Implications of FATCA for Asset Managers

By Michael Schneebeli
on 01. 12. 2011

Due to so called “2nd order effects” the impact of FATCA on the distribution of financial products is expected to be more significant than initially considered.