Legal, Compliance & Tax

«The future depends on what you do today.» Mohandas Karamchand Gandhi, 1869-1948

Regarding the latest events in the financial industry, the regulatory concentration constantly increased in the Swiss and international banking environment where all the divisions of banking are affected. The motives for this development are very versatile. Money Laundering, the closure of the bank secrecy, product and balance scandals, investor fraud as well as bank insolvencies have lead to an intensified pressure and heightened transparency in the banking sector.

One of the core competences of a Legal & Compliance department is the adherence to legal and in-house appointments – always aiming at preemptively minimizing risks and protecting institutions as well as private and institutional investors from misconduct.

The heightened calls of the politics and media for a regulation of the financial industry therefore lead to a development and an increased importance of the financial intermediaries’ Legal & Compliance departments.

Not only the legal, but also the aspired self regulation of the banks and stock exchanges poses a huge challenge to our clients and there is a constant need for persons who can manage the balancing act between the entrepreneurial interests and the regulatory appointments.