How secure is my Swiss account if the bank goes bankrupt?

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Fictitious self-employment in Switzerland

Supposedly self-employed service providers (eg, freelancers, contractors or subcontractors) in Switzerland are often, in fact, so-called “fictitiously self-employed persons”. As a result, the actual employer does not pay any social security contributions and there is a risk that the fictitiously self-employed person will not be covered by social protection for workers. When is there an […]

Switzerland: Aviation law guide 2018

This practical cross-border insight into aviation law includes the following questions:  What are the steps which air carriers need to take in order to obtain an operating licence? What are the principal pieces of legislation in your jurisdiction which govern air safety, and who administers air safety? Is air safety regulated separately for commercial, cargo and […]

Shareholders’ rights and obligations, Switzerland

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The Hearing, part 2

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The ASA Bulletin is the official quarterly journal of the Swiss Arbitration Association. Since its inception in 1983 the Bulletin has carved a unique niche with its focus on arbitration case law and practice worldwide as well as its judicious selection of scholarly and practical writing in the field. Its regular contents include: Articles Leading cases […]

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New resource and waste strategy published

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Licensing news Scotland: December 2018

By Stephen McGowan This month in summary Top Licensing Tip: Merry Christmas to all and to all a good night – Duty of care! Highlights of the City of Glasgow Licensing Board Licensing Statement Highlights of the Aberdeen City Licensing Board Policy Highlights of the new Edinburgh Licensing Policy Gambling Commission publishes new report on […]

SIPP and SSAS complaints round-up: winter 2018

By Patrick Shee The Briefing highlights some recent complaints which have come before the Ombudsmen. SIPP providers and financial advisors will benefit from reading our insights into how the Ombudsmen approach certain complaints and how best to apply those outcomes to their own businesses.

Hungary remains strict on factoring

By Gergely Szalóki Factoring is an increasingly popular product of banks that appeals to corporate clients of whatever size as it provides liquidity to the clients and stable cash flow.  The factoring is usually structured in a way that the vendors of the client do not receive information on the factoring, the bank stays in the background; […]

The implementing Act PSD II adopted by the Dutch Senate

On 4 December 2018, the implementing Act PSD II (Implementatiewet herziene richtlijn betaaldiensten) was adopted by the Dutch Senate (Eerste Kamer) without further debate. The date of entry into force is not yet available. A Decree to further implement PSD  II (Implementatiebesluit herziene richtlijn betaaldiensten) shall also follow.

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