The evolution of wealth management through AI

Coverpic_ai_final_2

New global megatrends – an industry shift
Artificial intelligence is transforming the wealth management industry. AI enables banks to analyse large amounts of data and provide better investment decisions and personalised products and services: a modern, value-added, hybrid banking experience. To stay competitive, banks that manage wealth should integrate AI, prioritising data security, and combine the new technology with their traditional human advisory skills.

Continue reading

Posted on 8/04/2024 | 0 Comments

The final Basel 3 reforms cross the Swiss finishing line at last

BASEL_3

FINMA has just published the ordinances for the final implementation of Basel 3. This will change the ways banks calculate their capital requirements for credit risk, market risk and operational risks. What will be the impacts on banks?

Continue reading

Posted on 3/04/2024 | 2 Comments

Official launch of Limited Qualified Investor Funds in Switzerland on March 1, 2024

Shutterstock_310271972_lo2

With the enactment of the amended Collective Investment Schemes Act and Ordinance on March 1, 2024, the Limited Qualified Investor Fund (L-QIF) is now officially launched in Switzerland. As it does not require FINMA approval, it is an attractive, cost-efficient alternative to the Luxembourg RAIF, for example. The new scheme is restricted to qualified investors and must be managed by a regulated fund manager. However, like other collective investment schemes, it is also subject to the Swiss withholding tax, which makes it a less attractive option for international investors.

Continue reading

Posted on 4/03/2024

Global Internal Audit Standards: Are you ready for them?

GIAS_1

2024 is the year of strategy and transformation for Internal Audit (IA) functions. The new Global Internal Audit Standards are an excellent opportunity to elevate IA’s value and impact.

Continue reading

Posted on 14/02/2024 | 0 Comments

EMIR REFIT – the Deadline is approaching: A decade of regulations to enhance derivates market integrity

Cover_EMIR

Following the 2008 global financial crisis, and the G20 decision, the European Parliament introduced the European Market Infrastructure Regulation (EMIR). Among other things, this mandated that all firms engaged in derivatives contracts in the EEA (European Economic Area) report their transactions with counterparties. The aim was to enhance transparency and identify any systemic risks associated with Over-the-Counter (OTC) derivatives trades in Europe. From the very beginning, the Swiss Financial Market has supported their EU clients, either through branches, subsidiaries or directly, with the fulfilment of these obligations.

Continue reading

Posted on 5/02/2024

Join our Global Wealth Management webinar on the 15th of February 2024: AI in Wealth Management

20240202-wm-webinar-02

We have been talking about AI in wealth management for years. With Gen AI, it is finally happening. Wealth management firms have started to build their AI capabilities and bring use cases to life.

Continue reading

Posted on 2/02/2024 | 0 Comments

Hot Topics from Deloitte’s European Financial Services TP Conference

Header BEPS survey 2020

During the European Financial Services Transfer Pricing conference,  hosted by Deloitte in Zurich on 18 January 2024, industry leaders, tax administrations and our global tax experts discussed the latest trends and developments. There are growing challenges for tax practitioners as a global patchwork of ever more complex rules develops. Tax law has not yet caught up with remote working – including cross-border. TP is and will remain a major topic, and with additional complexities in financial services.

Continue reading

Posted on 30/01/2024 | 0 Comments

Swiss bank secrecy and GenAI: Between embracing the future and honouring tradition

Coverpicture_AI_Banner

Unlocking business value with GenAI for banks

In today's rapidly evolving digital landscape, the financial sector stands at a crossroads. Banking institutions have long been a bedrock of trust and stability. But the integration of Generative Artificial Intelligence (GenAI) into banking operations will represent a seismic shift not just in technology but also in business potential. What does this mean for banks in practical terms? Here we look briefly at the business value that GenAI brings to the table, focusing on how the use of GenAI could impact Swiss banking secrecy.

Continue reading

Posted on 9/01/2024 | 0 Comments

Sustainable finance - All countries need to step up the pace of financial regulation and supervision to meet the Paris Agreement. Find out about the gaps in terms of climate, environmental & social considerations in central banking, financial regulation

Blog wwf

Five key highlights

  1. Slow progress, at an uneven pace, particularly in major economies - Only 18% of central banks show exemplary progress in integrating climate-related risks into their monetary policy and central banking activities, whilst 68% of high-income countries have not yet adopted adequate climate and environmental banking supervision policies.
  2. Basic E&S risks unaccounted for - The current focus remains primarily on climate. Broader elementary environmental and social issues are still lagging in banking & insurance supervision and in central banking activities.
  3. Banking & Insurance supervision - More than 20 countries with net-zero targets still have notably low climate banking and insurance supervision policies fulfilling less than half of SUSREG criteria.
  4. Central Banking - Out of 45 central banks in scope this year, only 9 have shown commendable progress in integrating climate risks into their monetary policy and central banking activities.

Continue reading

Posted on 18/12/2023 | 0 Comments

Join us: for a reality check on keeping up with digital champions on the 9th of November 2023

Banner_Vaduz_9_November_2023

We would like to invite you to the upcoming event on the 9th of November 2023 in Vaduz, Liechtenstein. The topic of this event will be on the latest findings and current trends in digitalisation in the field of private banking. This event is organised by the Liechtenstein Bankers Association. Outstanding experts from Liechtenstein's banking world as well as representatives from Deloitte and Salesforce will be present.

Continue reading

Posted on 2/11/2023 | 0 Comments

Join us: on the 9th of November 2023 in Geneva at the BSCC event on Nature-related risks and Nature-based investment solutions

Deloitte_BSCC

This important event builds on the memorable visit last year to the BSCC Geneva Chapter of Patrick Odier, Chair of Building Bridges, by demonstrating how nature-focused mindset and business are becoming mainstream.

Continue reading

Posted on 30/10/2023 | 0 Comments

Language

!-- OneTrust Cookies Settings button start -->