On May 5, 2015 the Swiss Federal Supreme Court held a public hearing about two cases relating to the reclaim of Swiss withholding tax in connection with arbitrage cases and issued its long awaited decisions.

On 1 November 2023, SIX Exchange Regulation Ltd. ('SER') announced amendments to its regulations pertaining to the disclosure of management transactions and ad hoc publicity.

The Takeover Board's practice regarding the evaluation of the validity of an opt-out clause has recently undergone several changes.

Going public may serve several goals: it may help a company gain access to a broader investor base, raise the capital it needs in order to activate its growth potential and strengthen its market position...

On 15 June 2018, the Swiss parliament adopted the Swiss Financial Services Act (FinSA) and the Swiss Financial Institutions Act (FinIA). On 24 October 2018

The Swiss National Bank (SNB) lifted the fixed minimum exchange rate for Swiss Francs (CHF) to Euros (EUR) and introduced 'negative interest rates' of -0.75% per annum as of January 22 2015.

On 21 December 2023, Switzerland signed a first-of-its-kind financial services agreement with the UK (Agreement) after two years of talks which began after the UK left the EU.

As the Swiss National Bank introduces negative interest rates, Prager Dreifuss's Daniel Hayek and Nadja Zink discuss strategies for derivative transactions...

The Federal Act on Financial Market Infrastructures has introduced a new regulatory framework for over-the-counter (OTC) derivatives transactions.

This guide is designed to assist Swiss and international companies planning to issue bonds on the Swiss market (or on the EUR-market by Swiss issuers)...

On 30 November 2018, the Swiss Federal Council passed an ordinance designed to remedy the possible expiry, at the end of this year, of the EU Commission's decision ...

While the Swiss Financial Market Infrastructure Act (FMIA) by and large achieved the intended goals, some adjustments are proposed in the context of the first FMIA REFIT...

The Federal Council adopted the amended Col­lective Investment Schemes Ordinance (CISO) on 31 January 2024...

Going public may serve several goals: it may help a company to get access to a broader investor base, to raise the capital it needs in order to activate its growth potential and strengthen its market position...

Following the recent market shakedown amidst the Covid-19 pandemic, banks have been issuing margin calls to their counterparties.

The establishment and operation of Alternative Investment Funds ("AIFs") (and their managers) is governed by the Federal Act on Collective...

The FCPA enforcement pause ordered in February 2025 by President Trump is over. The new FCPA enforcement guidelines signal a more targeted enforcement approach by the DOJ, which may potentially be more vigorous than before...

Swiss derivatives regulation under FinMIA imposes comprehensive reporting obligations on commodity trading groups, creating operational and governance challenges around data accuracy, lifecycle reporting and cross-border compliance. Understanding counterparty classification, the reporting cascade system and the interplay with financing documentation is essential for firms operating in or relocating to Switzerland.

Counterparty or credit risk exists whenever a market participant has entered into a transaction with a counterparty where the latter has an obligation to make payments or deliveries at some point in the future.

On 29 January 2025, the Swiss Federal Council (the Federal Council) decided to lift protective measures introduced when the European Union (EU)...