The AEoI now enforced in Switzerland: what’s next?

The Automatic Exchange of Information (AEoI) has been in force in Switzerland since 1 January 2017. This means that Switzerland will start exchanging 2017 data with the EU member states, Australia, Guernsey, Isle of Man, Iceland, Japan, Jersey, Canada, Norway and South Korea for the first time in September 2018. But what does this really mean?

White-collar crime in Switzerland causes losses in the billions

The most recent KPMG Forensic Fraud Barometer shows that Swiss courts tried 57 cases of white-collar crime in 2016. While this might be significantly fewer cases than the year before, the total losses exceeded CHF 1.4 billion, a record high since KPMG began gathering data.

Insurers drive value with blockchain and telematics

These days it seems everyone is talking about blockchain. Major insurance companies are investing into it, consortiums are forming around it and investors are pouring in capital. It’s early days, yet evidence suggests blockchain will create significant commercial and economic value for the industry.

Güterrechtsverordnungen: Verstärkte Zusammenarbeit in der EU

Mit dem Inkrafttreten der EU-Güterrechtsverordnungen am 28. Juni 2016 leistete der Rat der Europäischen Union nach der neuen EU-Erbrechtsverordnung einen weiteren Beitrag zum Ausbau der justiziellen Zusammenarbeit in der Union. Die Verordnungen regeln under anderem die Gerichtszuständigkeit und das anzuwendende Recht.

BEPS and the “No” to the Swiss Corporate Tax Reform III

The Swiss people voted “No” on the proposed Corporate Tax Reform III on 12 February 2017. What does this mean for Switzerland’s position on and implementation of BEPS? Generally speaking, there is very little or no direct impact, and in particular Action 13 with CbCR is not affected at all.

Protecting customer data isn’t enough. What about employee data?

With the publication of the EU’s General Data Protection Regulation (GDPR), organizations began assessing the regulation’s impact. When it comes to evaluating personal data, enterprises tend to focus on customer data. But what about employee data?