Financial Services

With our experience, specialist expertise and long-standing knowledge of your industry, we can offer you support and sector-specific advice.

See more. Understand more.

Because of the profound changes in the financial sector environment, the rules of competition have been fundamentally redefined. We can help you to identify and understand these changes and realign your business accordingly. Thus, together we can continue the success story of Swiss financial services.

 

Our latest insights

FS Talk

The FS-Talk is a regular series of videos commenting on current trends and topics. There will be a new edition every 2-3 months.

In the latest episode Dieter Wirth, Head Financial Services, speaks with  Marcel Tschanz, Leader Wealth Management Consulting, and Marcel Widrig, Leader Private Clients of the future of wealth management.

 

SIX publishes requirements for cryptocurrencies as an underlying instrument for derivatives

SIX publishes requirements for cryptocurrencies as an underlying instrument for derivatives

In its amendment of Circular No. 3 “Practice for the Listing of Derivatives” (CIR3), SIX introduced requirements and criteria for cryptocurrencies to be permitted as an underlying instrument for derivatives. The issuer of a derivative must ascertain whether these criteria are being met prior to registering derivatives for provisional admission.

Start adding items to your reading lists:
or
Save this item to:
This item has been saved to your reading list.
Global Insurance Run-off Survey 2018

Global Insurance Run-off Survey 2018

Respondents to our Survey emphasised what our clients tell us and what we are seeing in the market – run-off and legacy management are at their most active for many years. Transaction flow in 2017 has been strong, mirroring that of 2016, and the pipeline of deals is set to continue into 2018 and beyond. For the first time our Survey includes an estimate of the size of the global run-off market, suggesting that total non-life run-off liabilities exceed US$700bn.

Start adding items to your reading lists:
or
Save this item to:
This item has been saved to your reading list.
New type of fund products shall increase Switzerland’s attractiveness for the fund industry

New type of fund products shall increase Switzerland’s attractiveness for the fund industry

Pursuing to improve the attractiveness of Switzerland as a financial center for the fund industry, the Swiss Federal Council instructed the Federal Department of Finance to prepare a proposal for a legislative initiative. The aim is to introduce a new type of fund products that does not require an approval by the Swiss Financial Market Supervisory Authority FINMA.

Start adding items to your reading lists:
or
Save this item to:
This item has been saved to your reading list.
How do ICOs work? – launching your ICO in Switzerland

How do ICOs work? – launching your ICO in Switzerland

With the increased popularity of crowdfunding, ICOs have become the next big thing in gathering the funds and capital needed to start a business. 2017 saw ICOs explode in popularity, possibly due to the dominance of cryptocurrencies and blockchain in the media or simply owing to the fact that they provide contributors with an easy way to support a project.

Start adding items to your reading lists:
or
Save this item to:
This item has been saved to your reading list.
 All you need to know about the FATCA Registration System update

All you need to know about the FATCA Registration System update

On 19 July 2018, the U.S. Internal Revenue Service (“IRS”) announced that the FATCA Registration System will be upgraded in the coming weeks to include capabilities for the completion of the certification of pre-existing accounts and the periodic certification. Both certifications will be due by December 15, 2018 according to a new FAQ posted by the IRS this week.

Start adding items to your reading lists:
or
Save this item to:
This item has been saved to your reading list.

Contact

Patrick Mäder

Swiss and European Financial Services Leader, PwC Europe, Zürich, PwC Switzerland

+41 58 792 45 90

Email