126 results found

The disclosure of significant shareholdings in listed companies forms a cornerstone of a transparent Swiss capital market, with participation derivatives also subject to reporting obligations alongside shares. When rolling participation derivatives—replacing expiring options with new ones without crossing a threshold under Art. 120 Para. 1 FinfraG—a critical question arises: does such a transaction trigger a reporting obligation, either due to a "hypothetical" threshold crossing or due to change

On January 17, 2018, the Swiss Federal Government opened the formal consultation process aimed at implementing the most recent recommendations by the Global Forum on Transparency and Exchange of Information for Tax Purposes.

The Swiss Financial Market Authority FINMA announced on 10 September 2021 that it has granted for the first time approval to a stock exchange and a central depository (Zentralverwahrer)...

At its meeting on 27 September 2019, the Federal Council decided that the Federal Law on the Implementation of the Recommendations...

On 21 June 2019, the Federal Assembly passed the Federal Act on the implementation of the recommendations of the Global Forum on Transparency and Exchange of Information for Tax Purposes (the Act).

On 4 March 2024, issuers of equity securities listed on SIX Swiss Exchange and their significant shareholders will be able to start using SIX's OLSDigital...

Wenn Unternehmer ihre AG verkaufen und der Unternehmenswert massgeblich durch eine Liegenschaft geprägt ist, stellt sich die Frage, ob eine Betriebs- oder eine Immobiliengesellschaft veräussert wird.

Distributed ledger technology ("DLT") and blockchain technology as a subset of DLT are considered by many to offer a significant potential for innovation ...

On June 10, 2025, the US Securities and Exchange Commission (SEC) announced that it will immediately resume processing new and pending...

A major reform of the overall Swiss financial markets regulation is underway. As part of the changes, the draft bill of the new Financial Institutions Act will affect licensing of institutions active in investment management.

n September 2020, the Swiss Federal Act on the Amendment of Federal Law with respect to Developments in the Technology of Distributed Electronic Ledgers was unanimously adopted by Swiss Parliament.

L'infrastruttura digitale messa a disposizione dal fornitore di servizi per questa finalità è denominata public key infrastructure.

On November 1, 2023, the SIX Swiss Exchange published amendments to its rules on disclosure of management transactions and ad hoc publicity.

Each one of the many ICOs on which we have advised or are advising have their own peculiarities and different treatment.

Recent clarifications from the Swiss Federal Tax Administration (SFTA) provide much-needed guidance on when holding companies and management companies...

The Swiss parliament passed into law last December the Act on the implementation of the Financial Action Task Force's Recommendations (FATF Implementation Act).

The purpose of this newsflash is to inform market participants that FINMA has authorized the two Swiss prospectus review bodies.