Scaling the Swiss Information Security Act: Its New Amendment and the Implications for Financial Institutions
As previously reported in our blog post on cyber-security obligations for financial services providers in Switzerland, an amendment to the Swiss Information Security Act ("ISA") (Informationssicherheitsgesetz) ("Amendment") to...
DORA the Explorer – Auch Schweizer IKT-Dienstleister auf Entdeckungstour nach Compliance?
Die neue EU-Verordnung 2022/2554, auch bekannt als "Digital Operational Resilience Act" oder "DORA", ist am 17. Januar 2025 in Kraft getreten. Auch wenn die Schweiz nicht zur EU gehört, können Schweizer Informations- und Kommunikationstechnologiedienstleister (IKT-Dienstleister) von den neuen Regeln betroffen sein.
Categories: Banking & Finance, Blog
New FINMA circular on the rules of conduct for financial service providers has come into force
On 1 January 2025, the new FINMA circular 2025/2 on the "Rules of conduct under FinSA/FinSO" entered into force. Although the circular applies only to institutions supervised by FINMA or a supervisory organisation, in practice it...
Categories: Banking & Finance, Corporate and commercial, Blog
Impact of the revised share corpora-tion law on Swiss Verein structure
According to different public sources, the number of Vereine (associations) in Switzerland exceeds 100'000. The Federal Office for Statistics assessed that about 55% of Swiss residents aged16 and above participate actively or...
Categories: Banking & Finance, Data & Privacy, Digital Business Law Bites, Blog
Part 22: Guidelines for using artificial intelligence in financial institutions (FINMA)
Many banks, insurance companies and other Swiss financial institutions are currently working on projects involving the use of artificial intelligence – some of which have been running for years, while others are new. While the...
Categories: Banking & Finance, Blog
New FINMA Guidance on Cyber Risk Supervision Published
On 7 June 2024 FINMA published guidance on its findings from its cyber risk supervision and related topics.
Categories: Banking & Finance, Blog
Senior Manager Regime: An opportunity for the Swiss financial market?
The new responsibility regime as an extension of FINMA's supervisory instruments.
Categories: Banking & Finance, Blog
"OLSdigital" – The new SIX platform for digital disclosure notifications
Starting from 4 March 2024, investors can fulfill their reporting obligations digitally – what has to be considered?
Categories: Banking & Finance, Tax, Blog
Swiss Safe Haven interest rates for the year 2024
What are the tax-approved interest rates for intra-group financing for the year 2024 and what factors determine their level?
Category: Banking & Finance
Current changes in management transactions and ad hoc publicity
New regulations regarding management transactions and ad hoc publicity - what do issuers and persons subject to reporting requirements have to consider?