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Bär & Karrer Ltd.

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The Association of Foreign Banks in Switzerland completes its cross-border banking project

November 2009

The Association of Foreign Banks in Switzerland has completed its cross-border banking project related to several selected jurisdictions of peculiar importance to its members. The purpose of the project was to create guidelines for permissible and non-permissible cross-border banking activities of Swiss banks in the jurisdictions examined. The key findings and results of the project have been presented at two roundtable discussions held at the offices of Bär & Karrer in Geneva and Zurich.

Bär & Karrer coordinated the project and drafted master directives addressed to client advisors and other employees engaged in cross-border banking activities for each jurisdiction examined based on advice given by law firms in the respective jurisdictions. The Bär & Karrer team included Eric Stupp and Martin Liebi.

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