The Financial Services Act (FinSA) and the Financial Insitutions Act (FinIA) are in force for over a year. Even though many financial service providers may still rely on transition provisions, the deadlines for implementing the laws are approaching. This article, published in Recht.relevant (Schulthess Verlag, issue 01/2021), provides an overview of the relevant transition periods, especially from an asset management perspective, and includes details on planning license applications to the supervisory authorities.
This article, which was published in the Chambers Global Practice Guide in February 2020, highlights the key implications of the FinSA & FinIA for the fund industry and provides an overview of a new Swiss fund product - the Limited Qualified Investor Fund.
In 2013, new licensing requirements were imposed on Swiss asset managers of foreign collective investment schemes. This article discussed the main innovations of the revised Collective Investment Schemes Act.
SPACs: When no one was talking about them yet, we were already writing about them
SPACs are the talk of the town today, but already in the noughties they caused a furor in the USA and the first waves of reception in Europe. This article, which appeared in Finanz und Wirtschaft in 2008 (!), dealt with the question of the extent to which SPACs are listable in Switzerland - or not.