Switzerland: Compliance

Als Reaktion auf internationale Standards zur Bekämpfung von Geldwäscherei und Terrorismusfinanzierung führt die Schweiz das Bundesgesetz über die Transparenz juristi scher Personen und die Identifikation der wirtschaftlich berechtigten Personen (TJPG) ein.

The Swiss government has opened consultation on draft amendments to the Code of Obligations that would require companies to disclose when they engage proxy advisory firms. This proposed transparency regime addresses conflicts of interest in a market dominated by ISS and Glass Lewis, where proxy advisors influence significant percentages of votes at Swiss annual general meetings while remaining largely unregulated under current Swiss law.

Warranties are the backbone of any software contract. Yet in many deals, they get buried in boilerplate or swapped away without proper thought.

After the general shareholder meeting is before the general shareholder meeting. The majority of Swiss companies have completed their last business year by the end of June...

The European Commission is increasing pressure on e-commerce platforms to comply with EU consumer protection rules, with fast fashion retailer SHEIN currently at the center of multiple investigations.

After a four-month enforcement pause, the U.S. Department of Justice (DOJ) has resumed its Foreign Corrupt Practices Act (FCPA) investigations and prosecutions.

The amendments to the Code of Obligations proposed by the Federal Council on 26.6.24 (CO Art. 964a - 964c "Transparency on sustainability aspects") contain the following key changes:

Already in 2021, the Swiss Supreme Court determined that the term of office for the board of directors of a Swiss corporation ends six months following the end of the relevant business year...

Seit dem 1. September 2023 gilt in der Schweiz ein neues Datenschutzgesetz. Mittlerweile gibt es erste Erkenntnisse aus der Praxis.