Europe/Switzerland - Page 3
Credit Suisse fined $77 million over Asia-Pacific corrupt hires
The Swiss bank had hired 'princelings' to win regional business and got caught up in US investigation leading to a $77 million settlement.
Digital age copyright reform stalls as MEPs vote down changes
Despite celebrity endorsement, reform of EU copyright reform voted down giving campaigning internet companies a big win.
EU asked for GDPR exemptions by regulators
Regulators are concerned cross-border investigations could be placed in jeopardy by GDPR requirements.
Cryptocurrencies should be regulated like securities, says BIS adviser
Regulating cryptocurrencies looks increasingly like settling on crypto as securities, as adviser signals BIS position.
EC to remove 'unwarranted' regulatory barriers for SBBS
The European Commission (EC) is proposing new rules to remove regulatory barriers and offer market-led solutions for sovereign bond-backed securities (SBBS).
King & Spalding adds two senior counsel to trade practice in Geneva
King & Spalding has added two senior counsel to its trade practice in Geneva -Hannes Welge, formerly with the European Commission (EC) and Hamid Mamdouh, formerly with the World Trade Organisation (WTO).
Two lawyers hired to help smooth over staff disputes at FIFA
FIFA is hoping that two specialist labour lawyers might be able to help mediate conflicts with staff as the world football governing agency enters a period of seismic change.
Baker & McKenzie pulls off 10-strong team hire in Switzerland
Five partners and five associates will be joining Baker & McKenzie in Switzerland.
Lugano to host Swiss Wealth Forum
Is Switzerland still a safe haven for wealth? The Swiss Wealth Forum in Lugano will bring together an array of experts to assess how suitable the country is for risk-free investments and asset protection.
Quinn Emanuel launches Zurich outpost
Quinn Emanuel Urquhart & Sullivan has opened its eighth European office, launching a Zurich outpost that will have a focus on high-stakes disputes.
Top lawyer under fire in Longleat Estate trustee row
One of the UK's most esteemed family lawyers, Richard Parry, may be forced by a High Court judge to step down from his trusteeship of the Longleat Estate.
Winston & Strawn shuts Geneva office
The Chicago-based international firm is closing in the Swiss city at the end of September, from which stage the practice will run its European arbitration practice through the Paris and London offices.
Swiss raid on HSBC predicted to be repeated at other banks
The raid by prosecutors on HSBC in Geneva may have surprised the bank - which quadrupled its compliance staff to 6,000 last year - but PwC sees the move as part of a trend and says there are 'quite a few skeletons around'.
Lawyers prepare for defence to HSBC tax leaks
Lawyers have already begun defending clients accused of questionable tax practices in Switzerland as revelations begin to be made in the international media about HSBC and 30,000 of its Swiss customer accounts between 2005 and 2007.
UBS undershoots profits forecasts because of legal provisions
Swiss bank UBS has come in 5% under analyst expectations in Q3 2014, held back by legal provisions of €1.5b.
Jeantet opens up in Switzerland
Jeantet Associes is the first French law firm to open up in Switzerland through its launch of a Geneva office.
Switzerland pips UK on divorce payout
A divorce award thought to be the biggest in the world has been handed out in Switzerland, suggesting that the country has taken over from the UK as the forum seen as the most generous.
Legal provisions hit Credit Suisse profits
Credit Suisse has made £348m of legal provisions in the expectation of having to deal with the costs of allegations of tax evasion and securities mis-selling.
Swiss banks face four-day deadline over US penalties
Swiss banks have only four working days left in which to decide whether to give client information to the Department of Justice or to face prosecution.
Swiss banks accept 50pc fines as price of 'legal certainty'
Up to about 100 second-tier Swiss banks are facing penalties of up to 50 per cent of the value of assets which were hidden with them by US citizens.