regulatory changes

Indian Union Budget 2016 – Continuing reforming

Continuing its course of encouraging foreign investment and as reaction to OECD’s BEPS plan, the Indian government announced at the annual Union Budget Day 2016 a number of reforms, especially addressing various pending tax issues and introducing new tax initiatives.
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India increases foreign investment limits for foreign investors

The Indian government introduced changes to its Foreign Direct Investment Policy in order to stimulate foreign investment, especially in sectors such as construction, retail and defense by increasing sectoral caps, bringing more activities under automatic route and easing some of the conditions to encourage investment in certain sectors.
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Compliance & Digitalization geht nicht ohne Datenmanagement

Das Bedürfnis der Regulatoren nach umfassenden Bankdaten nimmt weiter zu. Regulatorien belasten diejenigen Finanzinstitute, deren Daten und Applikationen nicht auf diese Anforderungen ausgelegt sind. Hohe Compliance-Kosten lassen keinen Platz mehr für Innovationsbudgets. Sie sind mittlerweile so hoch, dass sich kleinere Banken in ihrer Existenz bedroht sehen.
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What is the future of the Swiss Solvency Test?

On 8 July 2015, the Swiss Financial Market Supervisory Authority FINMA put a revised package of circulars out for consultation. Many proposed changes have a direct and indirect impact on the Swiss Solvency Test (SST) and its use by Swiss insurers. The most significant impacts arise from the newly released circulars on public disclosure and ORSA.
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Facts and challenges of the AML-Revision

The adaption to the recommendations of the FATF required the most comprehensive revision of the Swiss Anti Money Laundering regulation since 1998. Based on the amended Anti-Money Laundering Act (AMLA), FINMA fully revised the FINMA Anti-Money Laundering Ordinance (AMLO-FINMA). AMLA and AMLO-FINMA will enter into effect on 1 January 2016.
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Regulation trends impacting the commodity trading sector

On 19 November 2014, the United States Senate Permanent Sub-Committee on Investigations published a nearly 400-page-long report on Wall Street banks and their involvement in physical commodities trading and storage activities. How do such reports affect regulators?
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