Newsletters
21.10.2024
Switzerland has not yet introduced an AI-specific regulatory framework. Financial institutions utilizing AI must comply with the general legal framework and FINMA’s supervisory expectations.
Newsflashes
12.09.2024
On September 2nd, 2024, the Swiss Financial Market Supervisory Authority ("FINMA") published a draft circular (the "Draft Circular") on the consolidated supervision of financial groups under the Banking …
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Vibeke Berning Johansen
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Newsletters
27.08.2024
While the Swiss Financial Market Infrastructure Act (FMIA) by and large achieved the intended goals, some adjustments are proposed in the context of the first FMIA REFIT that …
Newsflashes
14.08.2024
The Federal Council has decided on 14 August 2024 that the new Swiss-US Data Privacy Framework (DPF) allows for the secure exchange of personal data between Switzerland and …
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Newsflashes
30.07.2024
On 26 July 2024, the Swiss Financial Market Supervisory Authority FINMA (FINMA) published its FINMA Guidance 06/2024 on Stablecoins: risks and challenges for issuers of stablecoins and banks …
Newsletters
09.07.2024
More and more Swiss hospitals are finding themselves in situations of financial distress. One restructuring instrument that the board of directors of the hospital can then seek is …
Newsflashes
01.07.2024
In a new decision 4A 574/2023, 4A 576/2023, dated 24 May 2024 and published on 26 June 2024, the Swiss Federal Supreme Court confirms and specifies the validity …