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FINMA approves first supervisory organisations and registration office for client advisers

Switzerland - August 18 2020 The Federal Council enacted the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) together with the implementing ordinances to…

Bignia Vieli, Daniel S. Weber, Lienhard Stephanie.

FINMA bewilligt erste Aufsichtsorganisationen und Registrierungsstelle für Kundenberater

Switzerland - July 23 2020 Der Bundesrat hat per 1. Januar 2020 das Finanzdienstleistungsgesetz (FIDLEG) und das Finanzinstitutsgesetz (FINIG) zusammen mit den…

Bignia Vieli, Daniel S. Weber, Lienhard Stephanie.

Beware in whom you trust! - New leading decision on the abuse of power in banking

Switzerland - July 16 2020 In a new leading decision, the Swiss Federal Supreme Court upheld the action brought by a bank customer in connection with the abuse of a power of…

Bignia Vieli, Cetinkaya Meltem.

Trau, schau, wem! - Neuer Leitentscheid zum Vollmachtsmissbrauch im Bankverkehr

Switzerland - July 6 2020 In einem neuen Grundsatzurteil hat das Bundesgericht die Klage einer Bankkundin im Zu- sammenhang mit dem Missbrauch der Vertretungsvollmacht…

Bignia Vieli, Cetinkaya Meltem.

Costs, settlement and funding of appeals in Switzerland

Switzerland - May 20 2020 A quick and handy guide to costs, settlement and funding of appeals in Switzerland, including attorneys' fees, limits on settlement and third-party funding.

Florian Wegmann.