UBS top manager Iqbal Khan has denied any responsibility for the Greensill scandal that rocked Credit Suisse. In an interview with NZZ am Sonntag, Khan stated that he had never met or spoken with Alexander “Lex” Greensill, the founder of Greensill Capital. He also emphasized that both internal and external investigations by the Swiss Financial […]
Swiss fintech startup Findependent has obtained the necessary license from the Swiss Financial Market Supervisory Authority (FINMA) to operate as an asset manager. This license, which will be valid from November 21st, allows Findependent to continue offering its investment app to customers. The company recently expanded its reach by adding French and English language versions […]
Swiss fintech startup Findependent has obtained the necessary license from the Swiss Financial Market Supervisory Authority (FINMA) to operate as an asset manager. This license, which will be valid from November 21st, allows Findependent to continue offering its investment app to customers. The company recently expanded its reach by adding French and English language versions […]
The Geneva Financial Center Foundation has appointed the CEO of Julius Bär, Philipp Rickenbacher, to its supervisory board. This comes at a time when Rickenbacher is facing a highly unpleasant phase due to the Signa debacle with the private bank. Geneva Financial Center (GFC) has announced the appointment of Philipp Rickenbacher and Frédéric Berney as […]
The Geneva Financial Center Foundation has appointed the CEO of Julius Bär, Philipp Rickenbacher, to its supervisory board. This comes at a time when Rickenbacher is facing a highly unpleasant phase due to the Signa debacle with the private bank. Geneva Financial Center (GFC) has announced the appointment of Philipp Rickenbacher and Frédéric Berney as […]
The U.S. Securities and Exchange Commission (SEC) has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, arguing that the crypto assets in question should be classified as securities. The SEC proposes that the court, rather than a jury, determine whether the tokens are securities. The SEC cites the Howey […]
The U.S. Securities and Exchange Commission (SEC) has submitted a letter to Judge Jed Rakoff in the ongoing case against Terraform Labs, arguing that the crypto assets in question should be classified as securities. The SEC proposes that the court, rather than a jury, determine whether the tokens are securities. The SEC cites the Howey […]
Hashkey, a licensed crypto exchange in Hong Kong, has announced that it will soon allow individual and enterprise market makers to provide liquidity on its platform. To become a market maker, individuals and entities must trade at least $5 million worth of cryptocurrencies per month on the exchange. Once approved, they will sign a contract […]
Hashkey, a licensed crypto exchange in Hong Kong, has announced that it will soon allow individual and enterprise market makers to provide liquidity on its platform. To become a market maker, individuals and entities must trade at least $5 million worth of cryptocurrencies per month on the exchange. Once approved, they will sign a contract […]
A bill that classifies cryptocurrency assets as securities and imposes capital gains tax on them has passed a committee in the Kenyan parliament. The Capital Markets (Amendment) Bill, 2023, has been approved by the National Assembly’s Finance and National Planning Committee. The bill aims to regulate the trading of cryptocurrencies in Kenya and prevent proceeds […]
