Financial institutions under pressureJean-Luc Epars describes the impact of FINMA’s position paper on the products and services offered by financial services providers and outlines the effort and expense this will entail for financial institutions. Sovereign wealth funds invest in SwitzerlandIn an interview, Stefan Pfister talks about Switzerland’s attractiveness to large sovereign investors and points out which industries could be particularly interesting for sovereign wealth funds. Generation Z in the labor marketGeneration Z or Digital Natives, i.e those born after 1990, are entering the labor market. Alex Senn points out the special characteristics of this generation and explains which challenges executives are confronted with. Private banks in TicinoLars Schlichting, speaks on TV RSI “Il Quotidiano” about private banks in Switzerland and explains the special situation in Ticino. Outsourcing as a central success factorAntonio Russo talks about the mounting challenges faced by the pharmaceutical industry and how outsourcing can bring about requisite boosts in efficiency and productivity. Switzerland for ten millionUlrich Prien, Head of Property & Infrastructure, talks about the impact of the latest vote on the “second homes initiative” (“Zweitwohnungsinitiative”). Tax return adviceIn der Sendung Treffpunkt auf DRS 1 fasst Patrick Burgy in einer kurzen Sequenz die wichtigsten Tipps für Steuerabzüge zusammen Audit becomes increasingly complexStéphane Gard, Head KPMG Swiss Romande, speaks in L’AGEFI about the economic situation and KPMG‘s work in Western Switzerland. He also describes the increasing regulation, which burdens not only the corporations but also the audit firms. White collar crime not only in companiesMatthias Kiener, Head of Forensic at KPMG Berne, explains in an interview on Radio NRJ Berne how cases of misappropriation can occur in associations and companies and how they can be prevented. Sustainability has to be measurableMarc Ziegler, Sector Head Transportation & Leisure, explains in the Handelszeitung the advantages sustainable products bring to the logistics industry, how much they cost and why it is worth focusing on “Green Logistics“. Accounting independent of legal structure Nicolas Duc, Director of Legal, and Michel Faggion, Audit Partner, talk about the new accounting rules and regulations, which show that accounting standards are no longer dependent on the legal structure of an organization. A working day of an auditorStéphane Gard, Managing Partner Western Switzerland, talks to Radio DRS about an auditor‘s working day and the increasing challenges. In addition, Prof. Leibfried analyzes the current audit market and future development of auditing. Insurance wrapper at the focus of the USDaniel Senn, Head of Financial Services at KPMG, talks in an interview with the Swiss National Radio DRS 1 about insurance wrappers and points out further regulatory risks. Private banks forced to focusDaniel Senn, Head of Financial Services, speaks on cash.ch TV, about the continuing pressure on private banks in Switzerland, and highlights key factors in the change process. Banks put under pressure by the USADaniel Senn, Head of Financial Services, talks about the current pressure from the USA on Swiss Banks and points out possible developments regarding the issue of untaxed US assets. More business crime in SwitzerlandAnne van Heerden, Head of Risk Consulting at KPMG Switzerland, talks on Swiss Television about business ethics, white-collar crime and the profile of fraudsters. The interview took place in the context of the WEF 2012 in Davos. Increase in the cases of white-collar crimeAnne van Heerden, Head of Risk Consulting, talks in the interview with Radio Central about the growth of white-collar crime in Switzerland, identify typical profiles of a fraudster and explain regional tendencies. More M&A activities in the financial industryPatrik Kerler, Head of M&A, and Christian Hintermann, Head of Transaction & Restructuring, describe the situation of the M&A market in the financial industry and confirm the tendency towards a more accelerated consolidation. Trend towards smaller, lighter carsHebert Bussmann, Head of Automotive, talks in an interview with Sonntagszeitung about the increasing influence of urban planners on the development of car models and the latest developments towards e-connectivity. More M&A-activitiesPatrik Kerler, Head of M&A at KPMG Switzerland, talks on the program «SF Börse» about the latest trends regarding mergers and acquisitions in Switzerland and predicts the predicts the further developments in 2012. Sovereign wealth funds invest in Swiss real estateStefan Pfister, Head of Advisory at KPMG Switzerland, talks in the Schweizer Immobilienbrief about the interest of sovereign wealth funds in real estate investments in Switzerland and explains why this asset class stays attractive. New EU-regulation - challenges for Swiss BanksMarcel Aellen, Regulatory Services at KPMG, illustrates in AGEFI the new financial regulation for the European Union, the subsequent challenges for Swiss banks and what steps they need to take next. Pricing of real estate assets Beat Seger, Director Real Estate at KPMG, talks in NZZ about the pricing of real estate assets and shows how the performance of shares and stocks are changing. The profile of a fraudsterPhilippe Fleury, Head of Forensic at KPMG Switzerland, speaks in an interview with Finanz und Wirtschaft about the profile of a white collar criminal. Know your Supply-Chain risksJürgen Klingenstein, Partner Management Consulting at KPMG Switzerland, talks in Handelszeitung about supply-chain related risks. Banks’ investment strategies are changingCharles Hermann and Grégoire Winckler, Tax Partners at KPMG, explain in L’Agefi why banks should frequently consider tax issues when defining their investment strategies. Tips for credit dialogue with the bankJürg Steiner, Partner Tax, and Stefan Aeberhard, Manager Trust, at KPMG give tips on preparing for a credit dialogue with the bank in the magazine Blickpunkt KMU and show which documents are important for the dialogue. Priorization in the Swiss Collective Investment Schemes ActYvan Mermod, Partner Audit Financial Services at KPMG and Yvar Mentha, Swiss Fund Association talk in L’Agefi about the EU-directive "Alternative Investment Fund Managers" and the consequences for the Swiss Collective Investment Schemes Act. Audit in the commodity trapRoger Neininger, Head of Audit at KPMG talks in Handelszeitung about the changes in the core services of audit and why these are increasingly considered to be a replaceable commodity. Audit as an important support for the CEORoger Neininger, Head of Audit at KPMG talks in NZZ’s magazine “Scorecard” about the benefits for CEOs of working closely together with Audit and the advantages of a regular information exchange. Healthcare and life sciences at a crossroadsJoshua Martin, Director Transaction Services at KPMG talks in Swiss Business about the rising demand in the healthcare and life sciences sector and about possible upcoming M&A-transactions. Data Security – an operating instructionOlivier Gauderon, Partner Audit Financial Services and Andreas Toggwyler, Partner IT Advisory at KPMG talk in Denaris about confidentiality and discretion in handling of personal data. Cross border banking: the sector adaptsRichard Rochat, Director Audit Financial Services and Yvan Mermod, Head of Audit Financial Services Suisse Romande at KPMG reveal in Le Temps the stage of the adaption process in the financial sector to FINMA’s cross-border regulations. Regulation for benefit of banks and customersOlivier Gauderon, Partner, and Philippe Ruedin, Director Audit Financial Services, at KPMG, talk in Banque & Finance about the development and increase of regulations and bank supervision by FINMA and the authorities since the latest financial crisis. The impact of the FINMA cross-border requirementsJean-Luc Epars, Partner Legal, and Alex Geissbühler, Partner Audit Financial Services at KPMG illustrate in L’AGEFI the difficulties the financial sector is facing in meeting the FINMA’s cross-border regulations, and propose possible solutions.
A lot of future positions in the balance sheetsLukas Marty, Partner International Accounting & Reporting and Prof. Peter Leibfried, Managing Director of the Institute for Accounting at University of St Gallen talk about the goodwill positions in Switzerland’s balance sheets. Sustainable buildings are in demandUlrich Prien, Head of Real Estate and Kilian Schwendimann, Manager Real Estate of KPMG Switzerland, talk in NZZ about the added value due to sustainable construction techniques and the growing importance of international environment labels. New Capitalization ConstraintsMichel Faggion, Partner Audit and Nicolas Duc, Director Legal at KPMG Switzerland, explain how the structural reform of occupational pensions challenges the pension funds and which capitalization rates the latter will have to maintain. Challenges at the Consumer Goods MarketStéphane Gard, Sector Head of Consumer Goods and Retail at KPMG Switzerland, names the current business challenges in the consumer goods market and shows what strategies Swiss companies choose face them. Private Banking in Emerging MarketsDaniel Senn, Head of Financial Services at KPMG Switzerland talks in NZZ about the opportunities and risks of the private banks with the expansion to emerging markets and the importance of an efficient risk management and compliance. The Cost Boomerang strikes backJürgen Klingenstein, Partner in Business Effectiveness at KPMG Switzerland talks in Handelszeitung about the cost reductions during the crisis and shows how sustainable the cost management of the companies was.
How FATCA affects the insurance companiesDiscussions on FATCA are usually related to banks. Daniel Senn, Head of Financial Services and Patrick Scholz, Senior Manager Audit Financial Services at KPMG explain in Finanz & Wirtschaft how it also affects insurance companies. Cross Border Banking – Requirements for banksAlex Geissbühler, Head of Regulatory Financial Services at KPMG Schweiz talks in Handelszeitung about the requirements of FINMA for Swiss banks in matters of cross-border business and explains the role of independent asset managers. China – the eldorado of luxury brandsHélène Béguin, Head of Luxury Goods at KPMG Switzerland, talks about the strategic positioning of the luxury brands and the consumer behavior of Chinese buying public.
Guideline of initiative vs. counter proposalDaniel Lengauer, Head of Legal at KPMG in Zurich and Nicolas Cottier, Head of Legal at KPMG in Western Switzerland, compares the “Abzockerinitiative” against the National Council and Swiss Parliament’s counter proposal in Le Temps. "Abzockerinitiative" vs. counter proposalDaniel Lengauer, Head of Legal at KPMG in Zurich, compares the “Abzockerinitiative” against the National Council and Swiss Parliament’s counter proposal in Finanz & Wirtschaft. Stéphane Gard about KPMGStéphane Gard, Head of KPMG in Western Switzerland, talks in Market.ch about the audit and consulting market in Switzerland and the next steps in the future of KPMG. Recapitulation of the VAT lawPatrick Conrady, Partner of Tax at KPMG in Western Switzerland, summarizes the impact of the new VAT regulation, which was introduced a year ago. He explains if and how the administrative costs and processes are being simplified. Lukas Marty on Radio DRS1Lukas Marty, CFO of KPMG Switzerland, talks in a radio interview on Radio DRS 1 about how to read annual reports. Cloud Computing offers paradigm changeAlain Beuchat, Head of IT Advisory and Pius Ziegler, Senior Manager IT Advisory at KPMG Switzerland, talk with Netzguide about the competitive edge of flexible Cloud Computing Systems and demonstrate how the situation changes in IT Business.
New Regulations – Interview with Yvan MermodYvan Mermod talks in an interview with L’Agefi about the new regulations in Switzerland and the reason why Swiss firms are shortly to be supervised by the United States Securities and Exchange Commission.
Article in French.
Goodwill: amelioration in sightThe large majority of European and Swiss enterprises expect to achieve in 2012 the high level of profit like pre-crisis. L’Agefi reports about the international cost of capital and impairment survey of KPMG.
Article in French.
KPMG about capital contribution principle Sabina Wespi Gaillard and Jean-Philippe Bindschedler talk in Le Temps about the capital contribution principle. As of 1 January 2011, the Capital Contribution Principle will bring about a number of changes in the Swiss taxation landscape. Hubert Achermann about regulations marketHubert Achermann, CEO of KPMG Switzerland, talks in Handelszeitung about the harden competition in auditing, the opportunities and threats regarding the new regulation standards and the increasing “War for Talents”. New structural reform for occupational pensionsPatrick Wegmann, Senior Manager Audit and Nicolas Duc, Director Legal Western Switzerland at KPMG, talks in Agefi about two projects of the Swiss Federal Council regarding the structural reform of occupational pensions. Was Compliance in der Exportkontrolle bedeutet In Zeiten wie diesen, in denen die Schweizer Exportwirtschaft einen Aufwärtstrend verzeichnen kann, freuen sich Schweizer Firmen auch über eine zunehmende mediale Präsenz, steigert diese doch in der Regel den Marktwert bzw.
das Markenbewusstein. «Fatca: goodbye America?» Fisc Si l’IRS devait «mettre de l’eau dans son vin» et promouvoir un régime plus nuancé et adapté aux exigences actuelles du régime QI (Noch) erschwingliches Paradies Wohnraum in der Limmatstadt wird zunehmend teuer. Im Vergleich zu anderen Finanzmetropolen wie London oder Frankfurt ist er dank der guten Löhne aber noch bezahlbar.
Die Krux mit den SteuerdeliktenEvasion, contravention, and fraud - The law is already extensive as of now. The need for revision is in the statement of facts and the process. Die zehn Lehren der WirtschaftsprüfungIn der aktuellen Krise sind vor allem Ratingagenturen, Standardsetzer und Regulatoren in die Kritik geraten. Im Industriebereich stellen sich auch für die Wirtschaftsprüfer grosse Herausforderungen. Das Anforderungsprofil ist wesentlich anspruchsvoller.
Die Lehren aus der Wirtschaftskrise - Neue Luzerner ZeitungIn der aktuellen Krise sind vor allem Ratingagenturen, Standardsetzer und Regulatoren in die Kritik geraten. Im Industriebereich stellen sich auch für die Wirtschaftsprüfer grosse Herausforderungen. Das Anforderungsprofil ist wesentlich anspruchsvoller.
Bankiers sind optimistisch - HandelszeitungDes einen Leid ist des anderen Freud: Privatbanken setzen auf das fehlende Vertrauen und gewinnen
neue Kunden. Für die Zukunft muss sich die Branche neuen Standards anpassen. Nicht alle Banken
werden aber überleben. Diese Trends prägen die Wirtschaft im Jahr 2010Innovation ist 2010 die grösste Herausforderung für Unternehmer. 20 Experten aus Wissenschaft und Praxis geben konkrete Lösungsvorschläge, wie die zehn höchsten Hürden bewältigt werden können.
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