09 November 2017
Further update on the contractual recognition of a stay on termination rights
ISDA has launched the Swiss Module to the ISDA Resolution Stay Jurisdictional Modular Protocol
The International Swaps and Derivatives Association, Inc. (ISDA) has launched a Swiss Jurisdictional Module (Swiss Module) to the ISDA Resolution Stay Jurisdictional Modular Protocol (Protocol). It provides Swiss banks and their counterparties with an efficient mechanism to implement the contractual recognition requirement set forth in art. 12 para. 2bis of the Banking Ordinance. This is the fourth jurisdictional module launched by ISDA since it published the Protocol in May 2016.
03 October 2017
Two FinTech giants join hands
Switzerland and Israel strengthen cooperation in the field of financial services and FinTech
Switzerland and Israel are both globally leading countries in the field of technological innovation. The renewed affirmation of the cooperation between the world leader in financial services Switzerland on the one part and the "Start-Up Nation" Israel on the other in the field of financial services and FinTech could help both countries to expand and cement their leading position in thess fields and assist FinTech companies in both countries leveraging their potential by way of encouraging cross-border cooperation.Read more
20 September 2017
Initial Coin Offerings (ICOs)
What are Initial Coin Offerings?
In an ICO, tokens are sold to the public. Tokens are digital data on a blockchain. Whether these tokens will be treated similar as coins by the public following the ICO, depends on future developments. Earlier ICOs were therefore called crowd sales of tokens.