0f03eb323a0379ebedf4a9dc66a79ca6

【Wealth Succession】SWITZERLAND: Court upholds company chairman’s conviction for disclosing client data to US

In November, the Federal Supreme Court of Switzerland confirmed the conviction of a Swiss asset manager for personally handing the US authorities a memory stick containing data on 109 of his Zurich-based firm's former American clients (Decision 6B_216/2020). The court ruled this amounted to a forbidden act on behalf of a foreign state and has upheld a CHF10,000 fine imposed on him.


News Source：【Lenz & Staehelin 2021/12】

  • SRI LANKA: APG rates country largely compliant on AML controls

  • EU Member States refuse to reveal details of DAC enforcement

Others| related

  • 【Wealth Succession】EU Member States refuse to reveal details of DAC enforcement

  • 【Wealth Succession】Hong Kong and China agree mutual cross-border recognition of divorces and family judgments

  • 【Wealth Succession】AUSTRALIA: Trust distributions seen as compliance challenge for large private companies

  • 【Wealth Succession】HMRC offers Eclipse partners a settlement nullifying ‘dry tax’

  • 【Wealth Succession】Australia’s high court overturns tax rate on individual with working holiday visa

  • 【Wealth Succession】UK self-assessment taxpayers given additional month to file returns

Info wall

Monthly Hots