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OANDA, New York based forex trading serving provider recently revealed in an announcement that it has made a new addition to its APAC region senior level leadership team. As per statement released by the firm…
Federal Council Adopts Dispatch on Amendments to Double…
Bern, 23.10.2019 - During its meeting on 23 October 2019, the Federal Council adopted the dispatch on the protocol of amendment to the agreement with Iran for the avoidance of double taxation with respect to taxes on income…
The Federal Council adopts dispatch on AEOI with…
Bern, 29.05.2019 - During its meeting on 29 May 2019, the Federal Council adopted the dispatch on the introduction of the automatic exchange of financial account information (AEOI) with 19 further partner states. Entry into force is planned…
Federal Council Receives Hereditary Prince Alois of Liechtenstein…
In the year marking the 300th anniversary of the establishment of the Principality of Liechtenstein, the Federal Council has invited His Serene Highness Hereditary Prince Alois of Liechtenstein to pay a state visit to Switzerland,…
Federal Council Recommends Approving Federal Act on Tax…
The referendum on the Federal Act on Tax Reform and AHV Financing (TRAF) will be held on 19 May 2019. For the Federal Council, the proposal offers a balanced solution for two urgent problems. President…
Federal Council Wants to Further Improve Framework Conditions…
Bern, 14.12.2018 - During its meeting on 7 December 2018, the Federal Council adopted a report on the legal framework for blockchain and distributed ledger technology (DLT) in the financial sector. The report shows that Switzerland's legal framework…
Federal Council Initiates Consultation on Introduction of AEOI…
Bern, 07.12.2018 - During its meeting on 7 December 2018, The Federal Council initiated the consultation on the introduction of the automatic exchange of financial account information (AEOI) with 18 further states and territories. The implementation of the…
Federal Council Adopts Dispatch on Implementation of Global…
Bern, 22.11.2018 - During its meeting on 21 November 2018, the Federal Council adopted the dispatch on the implementation of the Global Forum's recommendations on Switzerland's phase 2 review. The bill provides for the conversion of bearer shares…
Federal Council Increases Capital Requirements for Domestically Focused…
Bern, 21.11.2018 - During its meeting on 21 November 2018, the Federal Council adopted an amendment to the Capital Adequacy Ordinance. Accordingly, the three domestically focused systemically important banks will likewise have to hold so-called gone concern capital…