Urs Zulauf, former general counsel at Swiss financial market supervisory authority (FINMA), is joining Credit Suisse to advise the Swiss bank on its client tax compliance policy.

Credit Suisse has clearly focused its global business policy in private banking on taxed client assets and complies with the rapidly developing Swiss and international legal requirements.

Zulauf will join the bank on 1 February 2014. He will report directly to Romeo Cerutti, general counsel, and Hans-Ulrich Meister, joint head private banking & wealth management and CEO Region Switzerland.

Zulauf was a member of the executive board of FINMA until 30 January 2013.