The team at Bär & Karrer Ltd. is adept at handling matters related to corporate governance, compliance organization, and white-collar crime. The firm stands out for its specific expertise in conducting internal investigations for clients across various industries including insurance, technology, banking, and pharmaceuticals. Saverio Lembo and Andrew Garbarski lead the white-collar crime practice group which advises executives and multinational companies on all areas of alleged financial crimes, such as economic espionage and money-laundering. The crisis management & internal investigations group has a stellar track record of handling complex cross-border investigations for large corporations and is led by Eric Stupp , Joel Fischer and Andreas Länzlinger. In April 2023, Claudia Götz Staehelin and Oliver Brupbacher joined from Kellerhals Carrard.
Regulatory, compliance and investigations in Switzerland
Bär & Karrer Ltd.
Andreas Länzlinger; Eric Stupp; Saverio Lembo; Andrew Garbarski; Joel Fischer
Other key lawyers:
Massimo Chiasera; Claudia Götz Staehelin; Oliver Brupbacher
‘You always get the best team tailored to the situation. Their advice is reliable and balances costs and benefits. The Bär & Karrer team is experienced and skilled in handling high-profile and cross-border matters involving regulators and other authorities.’
‘Joel Fischer is the real deal if it comes to compliance matters in Switzerland. He combines exceptional legal expertise with effective stakeholder management and extensive investigation experience. Highly capable of managing cross-border issues, Joel has a remarkable track record of helping clients during enforcement procedures involving bank regulators or the U.S. Department of Justice.’
‘Joel Fischer’s experiences cover typical anti-financial crime compliance cases, e.g., related to U.S. tax obligations, securities law issues, anti-money laundering matters, or financial statement irregularities. It further comprises ESG matters, e.g., investigating allegations concerning modern slavery, child labor, and environmental crime and remediating these. No matter what issues you are dealing with, Joel ensures that things are resolved efficiently and effectively. You will get a meaningful work product.’
‘Joel Fischer is an exceptional lawyer. Very smart and can adapt to specific situations quickly. Clearly a brilliant lawyer.’
‘Baer-Karrer team is always ready to help, and they are very approachable. They are key partner of our firm, and we owe a debt of gratitude to them for the excellent service they provide. They are all amazing attorneys who practice nothing but the best client care methods. We are always impressed with the level of quality in the work they produce. We always know that our firm is in very good hands with Baer-Karrer. They definitely deserve to be recognized for the exceptional service they provide.’
‘I have had the privilege of working with Mr Eric Stupp and Dr. Joel Fischer for several years. We have also worked with Dr Flühmann. They are all extremely knowledgeable and competent attorneys who always have my firm’s best interests in mind. They are very dedicated and through at their work. We appreciate their pragmatism, quick thinking, and great analytical skills. They are all exceptional people both professionally and personally.’
‘Saverio Lembo and his teams’ responsiveness, quality of service, knowledge of criminal law/proceedings, experience and strategical thinking are outstanding.’
‘Saverio Lembo has a truly extensive international network and is surrounded by a great team able to handle big and important cases. In addition, Massimo Chiasera is without any doubt one of the brightest, smartest and most efficient young counsels in this field in Switzerland. They are both – Saverio Lembo and Massimo Chiasera – simply a true pleasure to work with.’
Bitcoin Suisse AG
- Advised Diem Association in its pursuit to create a new DLT-based payment system and financial infrastructure to empower billions of people in the ways they execute payments.
Homburger offers advice on the full gambit of regulatory, compliance and investigation matters. The team has an impressive track record of defending high profile foreign and domestic clients during corporate investigations and often draws from the expertise of other departments such as tax, litigation, and banking. The practice is strengthened by a dedicated bench of IT specialists who help the team to conduct efficient investigations. Flavio Romerio and Claudio Bazzani have a combined 38 years of experience leading internal investigations and conducting compliance reviews. Marcel Dietrich is the key contact for regulatory matters.
‘Roman Richers: Very thorough, very experienced, very knowledgeable.’
‘I have worked extensively with Flavio Romerio. He is a brilliant lawyer with major constant strategic vision and deep knowledge of the banking market.’
‘The team manages to balance between legal expertise expected from external counsel and understanding of the underlying business and situation, which is very important in compliance cases. The advice is down to earth and implementable, not some document that will disappear in a drawer.’
‘Highly skilled, excellent availability, pragmatic and to the point.’
‘Claudio Bazzani: Very experienced lawyer, excellent know-how, solution and client oriented, very dedicated’
‘Homburger is my law firm of choice for the most important, urgent, and complex matters. They are exceptional: responsive, comprehensive, precise, business-minded, consistently delivering the highest quality.’
‘Claudio Bazzani stands out for his analytical skills and his ability to focus on the essentials, to maintain calm in complex and hectic situations, and to always keep the overview.’
‘Claudio Bazzani: Excellent, very client oriented and good lawyer, always on top of things and thinks proactively along the case. Flavio Romerio: Excellent lawyer, very transparent in sharing knowhow and connecting inhouse counsel from different institutions, excellent industry knowhow and grasp of future developments and needs.’
Swiss Federal Council
Raiffeisen Schweiz Genossenschaft
- Represented UBS in investigation by the Swiss Competition Commission regarding the alleged boycott of Apple Pay in favour of Twint.
- Represented AMAG, independent Swiss importer of VW Group cars, in an investigation by the Swiss Competition Commission regarding alleged bid rigging in public tender procedures and regarding alleged collusive arrangements.
- Conducted an internal investigation for a global bank related to alleged criminal actions and other misconduct of its former chairman of the board.
Schellenberg Wittmer Ltd
Schellenberg Wittmer Ltd represents financial institutions and executives in government investigations, enforcement actions and white-collar criminal prosecutions by both local and international authorities. The team often collaborates with other departments such as tax and antitrust to handle high-profile international cases. Benjamin Borsodi regularly represents individual and institutional clients in proceedings related to fraud, business crime and asset recovery, while Peter Burckhardt is renowned for his expertise in conducting internal investigations and handling cross-border white-collar crime matters.
Benjamin Borsodi; Peter Burckardt
Other key lawyers:
Clara Poglia; Giulia Marchettini; Charles Goumaz; Paul Gully-Hart
‘The team consists of bright young lawyers who have been practicing white-collar and compliance since much before the current frenzy. Their experience is unmatchable in Switzerland to handle complex matters, especially related to AML matters.’
‘Benjamin Borsodi leads his team with an enthusiasm which makes me want to work in his team. His deep knowledge of other jurisdictions facilitates the comprehension of what can be done in Switzerland without adversely impacting elsewhere.’
‘I suspect SW’s Regulatory and Investigations Practice is the best in Switzerland. They have outstanding knowledge and experience of all parts of this practice area. They are also experts at explaining the Swiss criminal system to non-Swiss.’
‘While Benjamin Borsodi is one of the best-known lawyers in this area, he is always available and very easy to deal with. Giulia Marchettini is sharp, omni-competent, and lovely to have on the file.’
‘The litigation practice at Schellenberg Wittmer is very professional, efficient and informative, with a complete grasp of the client and its needs. The team is always available, attentive and exact in their legal advice, proactive in their proposed solutions and next steps, and always strives to deliver optimal results. Schellenberg’s vast legal knowledge, expertise and dedication make them an excellent partner to a client in need.
‘Schellenberg Wittmer’s team is among the best in the country for white-collar defense work. They are also outstanding in the area of internal investigations. The team also has exceptional forensic resources.’
‘Charles Goumaz is a thoughtful white-collar attorney who is extremely effective in complex and multijurisdictional matters. He is a remarkable lawyer with an incredible work ethic and strong judgement.’
‘Paul Gully-Hart is a leading practioner in the white-collar arena for corporations and individuals, an excellent designer of the strategy of defense for complex white-collar crime with transnational elements. Charles Goumaz as well is an excellent practitioner in the white-collar area, with extensive experience in internal investigations.’
Odebrecht and Braskem
EFG Bank AG
- Assisted the client in a major investigation involving allegations of corruption in Ecuador. The case is active in the USA and substantial documentation review takes place in Switzerland. This case as particularly challenging as it habitually requires consolidating a massive team for documentation review in a very tight timeframe.
- Representated a foreign State who had fallen victim to major fraud in the context of the privatization of a State-owned company at the end of the 90s. Our intervention led to the positive result that the State was allowed to participate in the proceedings and to make good its claim for restitution.
- Advised and provided assistance to a large international commodity trading group in the context of several foreign requests for mutual legal assistance in criminal matters.
Kellerhals Carrard fields a rapidly growing team of specialists in investigations, white collar crime and compliance. The investigation team is experienced in cross-border investigations, crisis management and all commercial matters as well as in handling cybersecurity investigations and matters related to public affairs. This is complimented by the strength of the white-collar crime and compliance teams which are led by white collar crime expert, Florian Baumann, and compliance specialist, Daniel Lengauer. The team is strengthened by the addition of Roman Huber who has particular knowledge of the banking sector. In April 2023, Claudia Götz Staehelin and Oliver Brupbacher departed to Bär & Karrer Ltd..
Florian Baumann; Daniel Lengauer
‘Strong proactive team that is well organized and result driven while being objective and independent in their investigation.’
‘Kellerhals Carrard has been exceptional at providing clear, concrete and practical advice. The advice is clear in the sense that the communication is not lost in the generalities of applicable laws and what ifs; rather, it tends to be to the point on issues that are actually at stake. It is concrete in that there is a clear actionable plan. And it is practical, in that it properly takes into account actual risks, litigation costs, focusing on actions that will move the ball rather than a more encompassing and comprehensive approach where it may not be needed.’
‘The individuals are great at educating (not lecturing), with an eye toward the experience and day-to-day operations of an in-house counsel and the business. They are also genuinely vested in the relationship and seek to form a productive relationship not simply with the overall legal operation of the company with individual in-house attorneys as well.’
‘Kellerhals Carrard offers a wide range of highly qualified attorneys including former inhouse counsel which allows the team to bring together the subject-matter expertise with the specific business need. Further, the team is regularly organizing events and publishing articles on relevant legal topics and developments.’
‘Pascal Grolimund stands out as a litigator as he is capable of combining strategic thinking and deep subject matter expertise with a pragmatic approach.’
‘Strong understanding and knowledge of internal investigations.’
Credit Suisse AG
Government-accredited loan guarantee organisations:|Bürgschaftsgenossenschaft Ost-Süd, Bürgschaftsgenossenschaft Mitte, Cautionnement Romand, Bürgschaftsgenossenschaft SAFFA
Moderna Switzerland GmbH|Moderna, Inc.
- Represented Moderna as it was heard as a third party in the inspection of the Control Committee of the National Council (CC-N) that was launched in May 2020 regarding the handling of the COVID-19 pandemic by the Federal Authorities.
- Represented the four government-accredited loan guarantee organisations to uncover possible Covid credit abuses, persecute possible fraudsters and recover the unlawfully obtained loans.
- Advising and represented Credit Suisse AG for many years in a criminal investigation led against several individuals for alleged money laundering and against the bank itself for alleged organizational deficiencies in the bank’s AML prevention system.
LALIVE represents corporate clients, executives, state entities and individuals in investigations before regulatory bodies and enforcement agencies, also supporting on the development of risk and compliance management systems. The team regularly conducts internal investigations in cases involving bribery, embezzlement, disloyal management and tax offences. Alexander Troller has broad expertise in asset recovery and judicial assistance as well as financial disputes and white-collar crime, whereas Daniel Lucien Bühr and Simone Nadelhofer specialise in regulatory cross border investigations and ESG compliance. Sandrine Giroud is an expert in business and human rights, with Matthias Gstoehl supporting the team with litigation skills and his expertise in derivative instruments, hedge funds and all financial products.
Daniel Lucien Buhr; Alexander Troller; Simone Nadelhofer; Matthias Gstoehl; Sandrine Giroud
‘Extremely responsive, consistent highest-quality work, substantive precision, very efficient. Would highly recommend.’
‘Daniel Buhr was a delight to work with. Very knowledgeable and practical, and he carefully and accurately explained what we could expect at each step of a sensitive Swiss regulatory matter. Daniel came very highly recommended by colleagues whose judgement I value and trust, and he exceeded even those lofty expectations.’
‘Lalive is striving to be a holistic service provider for all legal matters in Switzerland. It has a strong and reliable background in Compliance (consulting, legal support, legal procedures) and criminal law. The team is partly formed from former practitioners which helps understand and contact authorities. Lalive is open and experienced in interworking with international law firms for multi-national cases.’
‘For sure Dr. Daniel Buhr is one of the most active, reputed and experienced legal counsels for Compliance issues in Switzerland. He is well connected in industry and authorities. He is consulting and adding additional members of the Lalive Team wherever additional skill set is relevant.’
‘Commitment and dedication to clients. They really care about your case.’
‘The team worked exceptionally efficiently and reliably. The communication was excellent and the result of the work extremely helpful.’
‘Team leader in our case was Simone Nadelhofer. She was convincing professionally, but also in the way she communicated and worked with us. I would recommend her at any time.’
Federative Republic of Brazil
- Advised and represented Brazil in a large-scale investigation, tracing and recovery of illicit assets and proceeds of crimes held in several banks and fiduciaries in Switzerland and other countries in a USD 1 billion matter.
- Represented a leading Middle East commodities trading company in fraud proceedings against a global European bank established in Switzerland and a former relationship manager regarding claims of forged bank statements over several years to divert more than USD 200 million.
- Represented an UHNWI in asset recovery proceedings in allegations of fraud, mismanagement of assets, market manipulation, insider trading, commingling and execution of unauthorised transactions for assets valued at over USD 1 billion.
Lenz & Staehelin
Lenz & Staehelin has capabilities in matters related to white collar and investigations, particularly within the banking sector. Dominique Müller often leads investigations in the banking and finance industry, while Marcel Meinhardt is the go-to lawyer for antitrust investigations. Valérie Menoud regularly advises Swiss and international clients from the insurance and wealth management industry on regulatory and compliance matters. Hikmat Maleh is a criminal and commercial litigator with vast experience in white-collar crime and asset recovery, as well as representing financial clients in complex multi-jurisdictional litigation. Astrid Waser is a key figure in the team with a wealth of experience in workplace misconduct and environmental investigations.
Marcel Meinhardt; Dominique Müller; Hikmat Maleh; Valérie Menoud
Other key lawyers:
‘Top quality advice and proven results.’
‘Very technical and precise advice always covering the demands of a complex international organisation.’
‘I have worked closely with Hikmat Maleh on a number of occasions, and he is my go-to lawyer whenever I have a client with a Swiss issue. He is fiercely intelligent, highly responsive and also extremely pleasant to work with. Clients love him.’
Hermitage Fund and Bill Browder
Baker McKenzie offers the full range of legal advice in relation to regulatory, compliance and investigations. It has an international outlook and often leverages its global network to assist clients in multi-layered, multi-jurisdictional investigations. The firm also provides risk management advice and expertise in international trade compliance. Christoph Kurth co-heads the team and has over 10 years of experience leading complex criminal and regulatory investigations across the US, Europe and Asia; he is supported by co-head Simon Ntah’s vast experience representing asset managers and financial institutions in cases related to money laundering, unfair management and forgery. Philippe Reich is a key individual of note.
Christoph Kurth; Simon Ntah
Other key lawyers:
Niederer Kraft Frey AG
Niederer Kraft Frey AG is active in multi-jurisdictional white-collar matters and regularly collaborates with leading international firms. The team has capabilities in the banking, insurance, energy, retail, and healthcare industry in matters such as bribery, antitrust, cybercrimes and extradition. The practice is particularly adept at advising financial institutions on economic sanctions and export control matters, and has conducted several cross-border and domestic investigations related to anti-money laundering and harassment amongst others. Philipp Candreia primarily represents clients in the financial sector in domestic and cross border regulatory investigations, as well as enforcement proceedings; he is supported by Juerg Bloch who has over 14 years of experience in investigations and white-collar crime defense work.
Juerg Bloch; Philipp Candreia
‘Very focused, keep the overview in a very complex case in several jurisdictions, available 24/7, out of the box thinking.’
‘Juerg Bloch – We have worked with Juerg for several years. Juerg is the team leader at NKF (of a team of 5-10 attorneys) and lead counsel to various firms across the globe. Juerg is the strategic mastermind who at the same time is on top of every detail. It is very easy to work with Juerg as he is a low-key and a very pleasant person.’
‘Very good work quality, responsiveness and pro-active support.’
‘Jürg Bloch: very good knowledge in compliance and investigations matters, in particular with regard to sanctions and legal assistance in international litigation. Very dedicated and willing to deliver.’
‘Very user friendly, organized, and effective. Energetic.’
‘Juerg Bloch is calm, clear, and thoughtful.’
‘NKF has simply the best, most experienced investigations and regulatory team in Switzerland, nobody comes close.’
‘Juerg Bloch is among the best lawyers available to counsel US clients on navigating the complex world of obtaining evidence or litigating in Switzerland.’
Black Diamond Equipment
The Bill and Melinda Gates Foundation
EMIX Trading AG
Fédération International de Football Association (FIFA)
International Ice Hockey Federation (IIHF)
- Advised EMIX Trading AG regarding a comprehensive cross-border investigation and regulatory, criminal and civil defence mandate.
- Represented a multi-billion Swiss family trust office in a comprehensive multi-jurisdictional compliance investigation and various criminal and regulatory enforcement proceedings.
- Represent a listed Swiss bank in regulatory pre-enforcement proceedings relating to a potential fraud matter by a third-party FX platform affecting clients of the bank, and alleged AML-related offences.
Quinn Emanuel Urquhart & Sullivan (Schweiz) GmbH
Quinn Emanuel Urquhart & Sullivan (Schweiz) GmbH stands out for its expertise in dealing with complex multijurisdictional white-collar matters, often in collaboration with its international offices. The team regularly represents foreign companies and individuals in cross-border regulatory investigations, and also advises on Swiss regulatory matters and disputes, particularly in the financial sector. Practice head Thomas Werlen is a go-to lawyer for independent investigations of both local and foreign financial institutions.
Other key lawyers:
Simon Vorburger; Remo Decurtins; Oliver Buff
‘Thomas Werlen, Simon Vorburger, Remo Decurtins, Oliver Buff and others are highly skilled, very pragmatic, hands-on and with a solution enhancing spirit.’
ACE Aviation AG
Bank Julius Bär
Fédération Internationale de Football Association (FIFA)
Holdco Ltd (Sergey Leontiev)
Hypo Vorarlberg Bank AG
JBS / J&F Investments
Mubadala Investment Company
Neue Privatbank AG
Opus Chartered Issuance S.A.
Sallfort Privatbank AG
Sergey Leontiev (Holdco Ltd)
Swiss Financial Market Supervisory Authority FINMA – Credit Suisse Spygate matter
Romanello Financial Corp.
Vitaly Malkin / Top Matrix Holdings Ltd.
- Appointed by FINMA to investigate cases of secret observations and related governance issues at Credit Suisse.|
- Advised FIFA in connection with criminal investigations in Switzerland and in the U.S. (together with QE global managing partner Bill Burck) against former football officials into allegations of corruption in the international soccer world.
- Advised Abu Dhabi sovereign wealth fund Mubadala Investment Company and its subsidiary Aabar in the first ever criminal trial against a corporation in Switzerland.
Wenger Vieli Ltd
Wenger Vieli Ltd has broad experience representing clients in the financial services, energy, life sciences and technology sectors in administrative and criminal investigations. Michael Mráz has expertise in criminal law and often advises corporate clients on internal investigations and the prevention of criminal violations; he is supported by Martin Peyer who leads the regulatory and compliance group and deals mainly with financial institutions.
Markant Handels- und Industriewaren-Vermittlungs AG
Private Bank IHAG Switzerland
Maerki Baumann & Co.
- Advised retail client on regulatory matters and compliance in connection with cross-border transfer of payment services to a German subsidiary.
- Conducted several high-profile investigations on behalf of a leading Swiss energy provider.
- Advised a large Real Estate services provider on Swiss financial market regulations and AML compliance.