FinSA & FinIA come into force on 1 January 2020

On 6 November, the Federal Council decided to bring the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) into force on 1 January 2020 and adopted the respective implementing ordinances (https://www.admin.ch/gov/de/start/dokumentation/medienmitteilungen.msg-id-76957.html).

An overview of the new regulatory framework, taking into account the final ordinances, can be found on our website www.myfidleg.ch.

Weitere Artikel

21.09.2022

News, Alert

NFTs in Metaverse: Do Trademark Owners need to register their Trademarks for Virtual Goods and Services?

“Nike Sold an NFT Sneaker for USD 134’000”: This York Times headline of May 26, 2022 and similar headlines regarding virtual goods in Metaverses or NFT Trade Platforms have made us realize that NFTs are not only for digital art but also a huge market for brand products.

15.12.2021

News

Our new partners and attorneys for YOU

Precise in legal questions - pragmatic in solution finding - partnership in style

12.10.2022

Publications

Jurisdictional Guide on Information Exchange and Related Risks

Our colleague Alessandro Stanchieri co-authored the Swiss chapter to the latest Jurisdictional Guide on Information Exchange and Related Risks.

30.07.2021

News, Publications

Recognition of foreign family foundations in Switzerland

Swiss Family Foundations are not commonly used for asset protection or estate planning purposes due to a de facto prohibition of family maintenance foundation. Since families are often spread over different countries and continents and assets are located in various jurisdictions, contributions of assets to a foundation may very well be an optimal solution, also because these assets no longer fall within the scope of the estate. For this purpose, foundations are set up in jurisdictions like Liechtenstein.