Geneva Compliance Group provides compliance consulting and outsourcing services tailored for financial services actors, focusing on regulatory obligations such as FATCA, AML, and risk management.

Geneva Compliance Group

Financial Services

GCG Sponsoring FATCA-CRS

GCG Legal Compliance Consulting

GCG Data protection

GCG Compliance Outsourcing

Geneva Compliance Group | 1,026 followers on LinkedIn. GCG propose des services de conseil en matière de conformité (compliance) et de règlementations financières. Elle offre un soutien professionnel et indépendant aux établissements financiers afin de mettre en œuvre efficacement les exigences règlementaires ainsi que des solutions sur mesure et ciblées répondant aux besoins spécifiques de chaque client. GCG fournit ses services sous forme de soutien ponctuel (par ex., mise en place d’une nouvelle règlementation) ou d’accompagnement de longue durée (par ex., externalisation de la fonction compliance ou veille règlementaire).

Michel Chauvet

Legal/ Compliance Officer

Sabrina Vargas

Partner - CEO @ Geneva Compliance Group SA

Guillaume de Boccard

Regulatory Compliance Strategist - Leading Business Development & Projects

Aline Fournier

🔋En partenariat avec BDO Suisse nous avons donné, le 12 novembre, notre première formation continue reconnue SAQ. Les prochaines dates sont le 19 novembre 2024 pour les EAM et au printemps 2025 pour un nouveau cycle Trustees et EAM. Compte tenu du succès rencontré lors de ce premier événement, nous nous réjouissons d'ancrer ces formations dans le paysage de la compliance et de la gestion du risque en Suisse romande. Encore en grand merci à tous les participants et à Aline Fournier , Guillaume de Boccard , Taulant Avdija et François RABEL pour leurs interventions.

Les travaux sur le CARF se poursuivent à l’OCDE, avec des discussions sur les obligations de reporting des différentes couches (layers) de la finance décentralisée (DeFi): Settlement, Application and Interface layers. Cela relève la complexité à identifier les entités qui seront responsables d’appliquer le CARF. Idem pour déterminer les juridictions de résidence de Reporting CASP décentralisés. 2026 est proche, mais la route vers la mise en œuvre du CARF est encore longue et parsemée d’interrogations. Un grand aux équipes du Business at OECD (BIAC) et de OECD-OCDE pour leur accueil et les échanges.

Formations continues pour gestionnaires de fortune et trustees. Geneva Compliance Group et BDO joignent leurs forces pour proposer deux séances de formations certifiantes, les 12 et 19 novembre 2024, remplissant les exigences de formation continue des dirigeants qualifiés et des responsables des fonctions de contrôle (compliance & risk management). Guillaume de Boccard et Aline Fournier interviendront aux côtés de Taulant Avdija et François RABEL et se réjouissent de cette nouvelle proposition d'accompagnement pour les gestionnaires de fortune et les trustees. Détails: https://lnkd.in/dsYQY3-n et inscriptions: https://lnkd.in/d4waParu

🚀 Family Officer Certificate Leading the Way I am thrilled to announce the launch of the ISFB Family Officer Certificate, a cutting-edge program designed to prepare professionals for the growing demand in the Family Office sector. Family Offices are no longer a niche market; they are a vital part of the global wealth management landscape. With assets under management exceeding $3.7 trillion worldwide, Family Offices are shaping the future of finance. In Switzerland alone, 300 Single Family Offices manage $600 billion, and when we include External Asset Managers, the sector covers over $1 trillion. As this sector continues to expand, the need for highly skilled Family Officers is greater than ever. Starting in January 2025, our 6.5-day program will cover 12 essential modules, all led by top industry experts: 🔍 Family DNA: Monica Espinosa (Union Bancaire Privée - UBP) 🏛️ Governance: Honora Ducatillon (Pictet) 💼 Wealth Management: Charles-Henry Monchau, CFA, CMT, CAIA (SYZ Group) 📈 Private Markets: Aurélie MAILLARD (BlackRock) 📊 Hedge Funds: Sherban Tautu (Ten Edges) 💳 Credit Solutions: Yannis Eggert (Resolve) 🏡 Real Estate: Yves Cachemaille - MRICS & Vincent Leroux (CBRE) ⚖️ Legal & Risk: Aline Fournier (Geneva Compliance Group) 📜 Wealth Planning: Alexandre Bardot (Lemania Law) 💖 Philanthropy: Etienne Eichenberger (WISE) 📱 Digital Tools: Ludovic Regard (Lombard Odier) 🏢 Private Office: Nicole Curti (Capital Y) 📅 Starting January 2025, join the program at ISFB—Switzerland’s top financial training center since 1987, backed by over 50+ financial institutions. 👉 Learn more and register https://lnkd.in/eY3ZK8nP #FamilyOffice #WealthManagement #ISFB #FinanceTraining #FamilyGovernance #PrivateMarkets #HedgeFunds #Philanthropy #DigitalTransformation #RealEstateInvesting #CreditSolutions #PrivateBanking #FinanceTransformation #SwissFinance #LuxuryFinance #FutureOfBanking

Pierre Ricq

🔔 Switzerland: FINMA Sanctions Mirabaud & Cie SA Over Serious AML Failures 🔔 The Swiss Financial Market Supervisory Authority (FINMA) recently concluded a high-profile enforcement case involving Mirabaud & Cie SA, marking a serious breach of Swiss financial market law. The Geneva-based private bank was found to have inadequately assessed and documented the economic background of multiple high-risk client relationships, which were connected to a now-deceased businessman accused of tax evasion. Key findings from FINMA’s investigation, initiated in 2021, include: 📌 Inadequate Risk Management: Mirabaud failed to meet regulatory standards regarding anti-money laundering (AML) procedures, including a lack of sufficient checks on beneficial ownership and transaction background across business relationships involving up to USD 1.7 billion in assets. 📌 Violations of Governance and AML Rules: The bank seriously violated its obligations concerning governance, risk management, and AML prevention. This situation persisted even after concrete warnings dating back to 2018. 📌 Regulatory Consequences: FINMA confiscated CHF 12.7 million in unlawfully generated profits. Additionally, Mirabaud is prohibited from onboarding any new clients presenting increased money-laundering risks until compliance measures are fully implemented. Three enforcement proceedings against individuals have also been initiated. While Mirabaud has implemented a broad range of operational and organisational reforms, including strengthening its governance and control systems, the case serves as a stark reminder of the importance of robust AML controls and effective risk management in financial institutions. For those of us navigating the complexities of financial regulation, this case underscores FINMA’s increasingly stringent stance on compliance failings, especially where governance and risk management intersect with AML obligations. It also shows that already based on today's existing laws, FINMA has a big variety of enforcement instruments and measures at hand enabling them to intervene in a flexible, but strict and targeted way. #FinancialRegulation #AML #Governance #RiskManagement #SwissBanking MLL Legal

Reto Luthiger

Geneva Compliance Group represents 8% of the financial institutions reporting financial accounts in Switzerland. We thank all our customers for their trust. Since 2017, GCG has been the trusted partner for the exchange of EAR information. As a reminder, the FTA has exchanged 3.7 million accounts with 81 partner jurisdictions, and Switzerland has 9,000 FIs. These figures are contained in the AFC communication of October 10, 2024. https://lnkd.in/eR-qB-yh

J’ai le plaisir de partager l’entretien que j’ai eu avec Jérôme Sicard de SPHERE Swiss Financial Arena sur les enseignements des premiers audits prudentiels pour les gestionnaires de fortune. Je relève notamment la nécessité d’avoir toute l’année une bonne collaboration et coordination entre le gestionnaire, les compliance et risk officers, et l’auditeur, afin de gérer ses risques en continu. https://lnkd.in/gHPaqREp

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Geneva Compliance Group

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