Newsletter
Legal Aspects of "Artificial Intelligence" (AI)
15.10.2019
AI-applications analyze unstructured data using an algorithm custom-tailored to the specific use intended, in order to draw conlusions based on such analysis. Regardless of its area of application ...
Newsletter
Noteworthy developments in the Swiss Federal Supreme Court’s procedural case law
28.08.2019
This newsletter highlights some notable decisions of the past year in which the Federal Supreme Court further defined its approach to partial actions, the admissibility of new allegations ...
Newsletter
Shareholder representatives on the board of directors - Possibilities and limitations of the flow of information to major shareholders
18.06.2019
The interests of major shareholders may be represented and protected on the board of directors of Swiss companies. However, the shareholder representative does not have a special legal ...
Newsletter
Adoption of the Federal Act on Tax Reform and AHV Financing: Roadmap of the Changes
20.05.2019
On 19 May 2019, the Swiss public voted for the adoption of the Federal Act on Tax Reform and Financing of the AHV ("TRAF"). The key elements of ...
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Newsflash Banking & Finance: Cloud Banking
02.05.2019
On 26 March 2019, the Swiss Bankers Association (SBA) published guidelines for the use of cloud services in the banking sector (the Guidelines). The Guidelines aim to define ...
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Revision of Switzerland’s International Arbitration Law
10.04.2019
Already today, Switzerland offers an excellent framework for international arbitration. In late 2018, the Swiss Federal Council published the draft bill for a revision of Chapter 12 of ...
Newsletter
Newsflash Banking & Finance: Collective Investment Scheme or Operating Company?
05.04.2019
On 9 October 2018, the Swiss Federal Supreme Court published an important decision in case 2C_1068/2017, 2C_1070/2017 which addresses the qualification of a venture capital company as operating ...
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Bank License "light" and Swiss FinTech Regulation
21.03.2019
The regulatory environment in Switzerland for companies of the financial technology (FinTech) sector continues to evolve. A new bank license “light” for a deposit taking activity up to ...
Newsletter
The distribution of collective investment schemes vs. the offer according to the FinSA
27.02.2019
The Federal Act on Financial Services (FinSA), adopted on 15 June 2018, and the related amendment to the Collective Investment Schemes Act (CISA) will lead to a complete ...
Newsletter
Response to cyberattacks - what needs to be done?
12.02.2019
The risks posed by targeted cyberattacks on companies and their top management are constantly rising. While companies are increasingly aware of the risk exposure, uncertainty often exists relative ...