23.05.2017
// Financial Law Update

Federal Supreme Court Assesses Contract Breaches of Wealth Manager

In its decision 4A_436/2016 of February 7, 2017 the Federal Supreme Court was concerned with various questions relating to contract breaches in the private wealth management context. The decision indicates a potentially stricter attitude of courts towards breaches of contractual duties by wealth managers and, in particular, suggests that the risk information requirements to be met by wealth managers are going to be subject to increased standards.

To read the full article in German, please click here.

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