Banks

Frontiers in Finance: Disruption on the Transformation Journey

How well are senior leaders dealing with disruption? Executives face the data revolution and new technologies, the demand for greater customer centricity, and growing constraints imposed by governments and regulators. The issues are far reaching and the solutions require a strategic approach.
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A lack of radical change hits Swiss private banks’ performances

Analyzing the performances of 85 of Switzerland’s 114 private banks produces a bleak picture. Almost every key performance indicator (KPI) deteriorated in 2016 – sometimes significantly. The vast majority of banks have not taken the action needed to reverse their decline.
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Time to transform tax reporting?

In times of international tax transparency, being tax compliant has become more relevant than ever before. Consequently banks are focusing on tax reporting for individual clients. KPMG’s latest survey analyses how Swiss private banks answer the demand for tax reports requested by their foreign private clients.
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AEoI’s impact on collective investment schemes and asset managers

If you’re involved in collective investment schemes, you must carefully assess whether you have to fulfil any AEoI obligations. If an entity qualifies as reporting financial institution, it’s important to carry out reporting but also due diligence procedures to identify all reportable persons.
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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?
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Senkung der Markteintrittshürden für FinTech-Unternehmen

Die Regierung des Fürstentums Liechtenstein hat am 1. Februar 2017 einen Vernehmlassungsbericht zur Anpassung des Bankgesetzes und des Finanzmarktaufsichtsgesetzes publiziert. Ziel der Vorlage ist es, die Eintrittshürden für innovative FinTech-Unternehmen deutlich zu senken. Die Vernehmlassungsfrist dauert bis am 10. März 2017.
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