Switzerland
Ex deVere duo to head Guardian’s new Swiss office
Guardian Wealth Management has opened an office in Basel, Switzerland and poached a duo from deVere to run it.
Swiss spat with Saudi and NZ the tip of the CRS iceberg
The lower house of the Swiss parliament has rejected automatic exchange of information (AEOI) agreements with New Zealand and Saudi Arabia but has given the green light to ratify deals with 39 other nations.
Hong Kong fund house breaks into Switzerland
BEA Union Investment Management, a Hong Kong-based fund house, has received approval to sell its products in Switzerland.
UBS offices raided by 130 investigators over tax evasion
An investigation into alleged tax evasion by about 2,000 UBS Group clients saw German prosecutors conduct a series of raids on Tuesday and Wednesday.
Fake cryptocurrency shut down
Switzerland’s financial regulator has shut down three companies for conning millions of francs out of hundreds of investors by selling a fake cryptocurrency and says it has 11 similar companies in its sights.