126 results found

On January 1 2020, the new Swiss Financial Services Act (FinSA) and Financial Services Ordinance (FinSO) on November 6 2019, implementing the provisions of the FinSA, have entered into force.

On 1 July 2015, a new Swiss law entered into force to implement the recommendations of the international Groupe d'action financière (GAFI) aimed at preventing money laundering and tax evasion.

SIX Exchange Regulation revised its Listing Rules to amend the rules on ad hoc publicity and reporting of management transactions alongside its Directive on the Disclosure...

In the aftermath of the financial crisis of 2008/2009, Switzerland launched a massive overhaul of its financial regulations.

In Switzerland's current zero-interest rate environment, high-yield bonds may gaining appeal as investors seek better returns. Their resilience to rate changes and potential for income and diversification...

There is currently no dedicated legislative framework for structured finance in Switzerland. Contractual and collateral aspects are governed by the relevant provisions of the Swiss Code of Obligations or ...

After a lengthy process and as one of the last stock exchanges in Europe, SIX Exchange Regulation (together with SIX Swiss Exchange, "SIX")

In connection with the overhaul of Swiss financial market regulations, the rules on the disclosure of substantial shareholdings were recast into the Federal Act on Financial Markets Infrastructures...

The regulatory environment in Switzerland to date continues to be investor-friendly for the following three main reasons: (i) limited investment restrictions (a notable exception being...

Swiss M&A transactions related to public companies are mainly governed by the Swiss Financial Market Infrastructure Act ("FMIA"; including its implementing ordinances) ...

Dilution occurs when a company issues new shares, reducing the ownership percentage of existing shareholders.

To begin with, it needs to be recalled that an ICO allows for public fund raising in digital form for entrepreneurial purposes based on the blockchain technology.

On September 25, 2020, the Swiss Parliament adopted certain amendments to Swiss legislation pursuant to which the Swiss legal framework will specifically recognize...

Private equity sponsors face a critical challenge at exit: compliance gaps that seemed manageable during the hold period can dramatically erode deal value through reduced leverage, expanded escrows, and weakened negotiating position. How can sponsors transform compliance readiness from a defensive necessity into a strategic value driver that preserves exit economics and financing certainty?

The Sanction Commission of the SIX Swiss Exchange («SIX») made it clear that the issuer’s duty under art. 6 of the SIX Listing Rules to hand over any «relevant documentation» in connection with a SIX investigation does not extend to attorney work product.

LIBOR will be discontinued by the end of 2021. Despite this, the volume of LIBOR pegged financial products which will only expire after the end of 2021 is very high.

In Switzerland, the end of 2018 and beginning of 2019 saw a number of legal developments regarding fintech (in particular the introduction ...

In the last few years Switzerland became one of the world's leading hubs for initial coin offerings. This raised questions on how ICOs shall be treated from a Swiss regulatory standpoint.