• Under Swiss law, to fulfil the clearing, reporting and risk mitigation obligations applying to derivatives trading under foreign law, the Swiss Financial Market Supervisory Authority (FINMA) must recognize the foreign law...more
4/18/2019
/ Counterparty Risk ,
Cross-Border Transactions ,
Derivatives ,
EMIR ,
EU ,
Financial Markets ,
FINMA ,
Foreign Financial Institutions (FFI) ,
Over The Counter Derivatives (OTC) ,
Reporting Requirements ,
Risk Mitigation ,
Switzerland ,
UK ,
UK Brexit
• Following the 2008 crisis, Switzerland launched a legislative project to create uniform competitive conditions for financial intermediaries and improve client protection.
• Swiss Parliament adopted the FinIA on 15 June...more
2/13/2019
/ Anti-Money Laundering ,
Asset Management ,
Financial Institutions ,
Financial Instruments ,
Financial Markets ,
Financial Services Act ,
Financial Services Industry ,
FINMA ,
Foreign Investment ,
Intermediaries ,
Switzerland ,
Trustees
• Following the 2008 crisis, Switzerland launched a legislative project to create uniform competitive conditions for financial intermediaries and improve client protection.
• Swiss Parliament adopted the FinSA on 15 June...more
2/13/2019
/ Financial Institutions ,
Financial Instruments ,
Financial Markets ,
Financial Services Act ,
Financial Services Industry ,
FINMA ,
FINSA ,
Foreign Investment ,
Intermediaries ,
Key Information Document (KIDs) ,
MiFID II ,
Prospectus Regulation (PR3) ,
Switzerland
• Since 2015, acquirers of Swiss non-listed bearer shares must report their name and address to the company within one month of the acquisition. The ultimate beneficial owner of an interest of 25 per cent or more has to be...more
11/8/2018
/ Acquisitions ,
Anti-Money Laundering ,
Bearer Shares ,
Beneficial Owner ,
Corporate Criminal Fines ,
Disclosure Requirements ,
FATF ,
Liquidation ,
Reporting Requirements ,
Shareholders ,
Swiss Banks ,
Switzerland
On April 3, 2016, it became public that an anonymous source had leaked 11 million confidential documents, known as the “Panama Papers,” belonging to the Panama-headquartered international law firm Mossack Fonseca. As more of...more
Singapore SLInG -
For liquefield natural gas (LNG) suppliers or purchasers following the travails of the oil markets and wishing to reduce the tie-in of LNG prices to oil indexes (a particular issue in Asia), the...more