Enforcement of rights by investors consultation for FIDLEG and FINIG — part IV
The Swiss government has opened a consultation process for the draft bills of a Financial Services Act and a Financial Institutions Act. These two projects will completely reshape the regulatory framework governing the Swiss financial markets. It includes new rules of conduct for financial intermediaries, a regulatory regime to prepare a prospectus in connection with public offerings of securities, registration obligations for client advisers and foreign service providers, licensing obligations for asset managers and comprehensive rules aiming to facilitate access to justice, including through a form of class actions.
The consultation process runs until 15 October 2014. In the second quarter of 2015, the Federal Council plans to send the bill of the Financial Services Act and the Financial Institutions Act to parliament.
In this fourth briefing on the draft bills, Bär & Karrer analyses the regulation FIDLEG provides in relation to the enforcement of rights by investors…
Click on the link below to read the rest of the Bär & Karrer briefing.
Sign in or Register to continue reading this article
It's quick, easy and free!
It takes just 5 minutes to register. Answer a few simple questions and once completed you’ll have instant access.Register now
Why register to The Lawyer
In-depth, expert analysis into the stories behind the headlines from our leading team of journalists.
Identify the major players and business opportunities within a particular region through our series of free, special reports.
Receive your pick of The Lawyer's daily and weekly email newsletters, tailored by practice area, region and job function.
More relevant to you
To continue providing the best analysis, insight and news across the legal market we are collecting some information about who you are, what you do and where you work to improve The Lawyer and make it more relevant to you.
News from Bär & Karrer
Briefings from Bär & Karrer
Special Thin Capitalization Rules were introduced in Switzerland in 1997, which restrict the maximal amount of debt granted by a related company.
The Swiss Federal Department of Finance (FDF) has presented the modified Expatriate Ordinance on 16 January 2015.