Managing cross-border risks is a major challenge and a cost for financial service providers; it is also a major concern for FINMA.
With no majority in the National Assembly, a budget deficit and abysmal national debt, preparing and voting on the Finance Bill for 2025 is going to prove particularly perilous.
Today, data collection is a key development tool for businesses but it is also a source of great concern for individuals.
The fact that a company or its shareholders are located outside France sometimes makes people forget that French tax law imposes duties on gratuitous transfers in many cases, even though the deceased (or donor) is domiciled abroad. The surprise will be bitter for the heirs of an unprepared succession.
At a time when international sanctions adopted by Switzerland are on the rise, Financial intermediaries are more and more exposed to the risk of running afoul of numerous ordinances regarding sanctions and anti-money laundering provisions, or even to risks of a prudential nature.
Founding member of the
