FINANCIAL REGULATION
Starting off with your business in the financial world is not an easy task. Be it financial regulation, employment law or data protection (GDPR and Swiss Data Protection Law) – we are ready to support you with any legal challenge. We provide you a package of services which includes also technical aspects of the law (such as cyber security, big data and AI).
Financial services do not stop at borders - neither do we. We support you to fulfill your compliance obligations for any cross-border financial services, in particular for the European Union (IDD, MiFID II / MiFIR, PSD II, AML, PRIIPs, UCITS, AIFMD, UCITS).
Our expertise covers also topics related to insurance and banking law, such as InsurTech issues, payment services, blockchain and crypto projects (e.g. token classification, licensing, AML, airdrops), chatbots, smart contracts and smart insurance as well as financial inclusion.
Read more:
The era of FinTech Banks
Watch in this video what Lea Hungerbühler and other discussion members say about the future of banking in Switzerland.
Dr. Remy Zgraggen explains here how smart insurance contracts based on virtual currencies are treated by the regulators.
Lea Hungerbühler argues here that a national sandbox is not enough for Swiss FinTech companies to grow and she speaks up for international efforts enabling cross-border business.
Insurance Distribution in Liechtenstein under IDD
Remy Zgraggen describes in his publication, how the requirements under IDD can be met for online insurance services, such as chatbots or robo-advisory.
Revoked EU equivalence for Swiss exchanges & Swiss countermeasure
The EU revoked the positive equivalence decision for Swiss exchanges mid-2019. Read here what this means for the Swiss financial market and what counter-measures the Federal Council implemented.
In her article for finews.ch, Lea Hungerbühler explains why the new Swiss regulatory framework (FIDLEG / FINIG) might not be enough to get access to the EU market based on an equivalence assessment.
FIDLEG / FINIG - Which deadlines and transitional provisions apply?
As of 1 January 2020, FIDLEG / FINIG entered into force. For various provisions, e.g. client segmentation, transitional periods of up to three years apply. Our article shows in detail, at what point you have to comply with which provision:
PDF (English)
PDF (Deutsch)
Green Finance - an Opportunity for Switzerland
Climate change and climate risks seem threatening to our society and economy. Read here how financial intermediaries can deal with these risks and what opportunities may be used:
PDF (English)
PDF (Deutsch)
FINMA License for Portfolio Managers: Current Status
Our partner Lea Hungerbühler describes the opportunities and challenges of the new licensing requirement in her commentary in the Handelszeitung.
Read the article here.
Are you a Swiss asset manager wondering what to do next under FIDLEG / FINIG?
Check out our step-by-step guide!
PDF (English)
PDF (Deutsch)
Banking in the cloud - Your Check List
Are you a Swiss financial intermediary and you are wondering whether you can use cloud services? Have a look at our check lists:
PDF (English)
PDF (Deutsch)
