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Some Swiss Banks Indirectly Accept US Clients
Anonymous
Posted: Saturday, August 13, 2011

Posted: 9/26/2009 5:55:48 PM

By: Who Cares?

Why break more laws for no gain?


Anonymous
Posted: Saturday, August 13, 2011

Posted: 9/25/2009 5:49:30 PM

By: froggy

Are u speaking on behalf of your bank????
So you say a financial intermediary can open an omnibus account with a Swiss bank where he can park all his US clients at once under name of his firm....Hmmm wonder what your AML/CM would say about that


Internal Administrator
Posted: Saturday, August 13, 2011
Joined: 10/12/2010
Posts: 5780


Posted: 9/25/2009 8:48:09 AM

By: Valerie Mullen

Certain Swiss banks will indirectly accept US clients through asset manager intermediaries in order to comply with prospective treaty implementation.

Kind regards,

Valerie Mullen
JULIUS BAER TRUST COMPANY (CAYMAN) LTD.
Kirk House, Albert Panton Street, P.O. Box 1100, Grand Cayman, Cayman Islands, B.W.I.

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Anonymous
Posted: Saturday, August 13, 2011

Posted: 9/30/2009 4:07:14 PM

By: ffbkdavid

"... So you say a financial intermediary can open an omnibus account with a Swiss bank where he can park all his US clients at once under name of his firm....Hmmm wonder what your AML/CM would say about that ..."

- - - - - - - - - -

that would be TOTALLY against laws asking for indeep information on ULTIMATE AND FINAL BENEFICIAL OWNERS OF FUNDS

ffbkdavid


 

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