05 March 2018
Pitfalls for Swiss industrial companies in derivative trading
FMIA as part of global derivative regulation
Since 1 January 2016, the Swiss Financial Market Infrastructure Act (FMIA) has been in force. Among other things, the FMIA implements the worldwide regulation of the derivative market in Switzerland, which was the intention of the G20 summit in Pittsburgh in 2009. It contains numerous obligations for Swiss companies both in and outside the financial sector. With its Guidance 5/2017, FINMA extended the transitional periods for the fulfillment of the mandatory derivative reporting obligation in accordance with the FMIA for so-called NFC- until 1 January 2019. What does this mean for Swiss industrial companies?
26 February 2018
What are you getting into when buying Shares in a Swiss Target?
Shareholder Activism Series: A Primer on the Swiss Legal Framework
This blog series puts the spotlight on legal issues relevant to activist shareholders and event-driven institutional investors in Swiss target companies and introduces market participants from abroad to the pillars of Switzerland's legal framework.
18 December 2017
Taxation of cryptocurrencies
Currently, the cryptocurrency Bitcoin ("BTC") is for the first time passing the threshold of USD 20,000 per BTC and setting a new record. The phenomenal rise in price of the BTC recently, but also the increased use of cryptocurrencies in daily life (e.g. purchasing BTC at Swiss Railway Company ticket vending machines or the paying for the services of the company register of the canton of Zug with BTC) has led to more and more people wanting to join the party. Accordingly the tax treatment of cryptocurrencies has greatly gained in importance.Read more