Central banks weigh economic growth against inflation control
Despite some victories in the U.S. and the eurozone, policymakers now face the challenge of maintaining economic growth while restraining…
Value Added Tax (VAT) Rates Worldwide: Overview of Consumption Taxes
The Value Added Tax (VAT) is one of the primary revenue collection tools in many countries around the world and can vary significantly from…
Public debt and credit ratings: The American case
The conventional narrative around sustainable debt levels obscures some core challenges staring at United States policymakers.
New VAT rates in force in Switzerland
As of January 1, 2024, the new tax rates approved in the September 25, 2022 vote took effect in Switzerland
Swiss Franc pillar of solidity in the global economy
The Swiss franc is a pillar of Swiss economic stability and its value has steadily increased in recent decades. This trend is not expected…
Tectonic shifts in AI-powered banking
The banking industry is developing a range of AI-enabled tools to collect customer information. This is fine with regulators but brings us…
Liechtenstein and Italy sign against double taxation
As part of a virtual signing ceremony, Head of Government and Minister of Finance Daniel Risch, together with his Italian counterpart…
To adopt or not to adopt? Pondering the euro question
History shows that various monetary and exchange rate regimes can work well or poorly, depending on the countries’ circumstances and…
Switzerland will be removed from the Italian black list
Federal Councillor Karin Keller-Sutter and Italian Finance Minister Giancarlo Giorgetti signed a political declaration concerning the…
Certified IFRS 17 Insurance Financial Analyst
IFRS 17 is a revolution in the way (re)insurance financial statements are perceived and interpreted. The IFRS 17 course is intended for…
UBS acquires Credit Suisse: a new era begins
UBS acquires Credit Suisse with Federal Council approval granting a guarantee for additional liquidity support to Credit Suisse from the…
Switzerland a global leader in reinsurance
Switzerland is one of the world's leading locations for the reinsurance industry due to its hub in the financial center of Zurich, which…
Cheap is over: Good and bad news for eurozone banks
Eurozone banks must reinvent themselves as the European Central Bank tries to “normalize” its monetary policy within a still abnormal…
The AHV 21 reform will become effective on January 1, 2024
The AHV 21 reform was accepted by the people and cantons on September 25, 2022, and the Federal Council set an effective date of January 1,…
The future of cryptocurrencies
With the most popular cryptocurrency Bitcoin losing value, its advocates are disheartened. But crypto is here to stay while regulation and…
Policymakers are mishandling the eurozone’s inflation
ECB officials and government policymakers in the euro area are groping in the dark for an effective price inflation policy.