Switzerland: Finance and Banking

The payment system stands at the center of financial system transformation, serving as trust infrastructure that must function correctly and securely at all times. This multi-layered organization distinguishes between infrastructure, payment system operators, and application levels, where innovation primarily occurs. With digitalization, the trust dimension gains further significance as cybersecurity becomes an integral part of the product rather than a cost factor.

Switzerland's Federal Council has adopted a dispatch to revise the Federal Act on Banks and Saving Banks, requiring systemically important banks like UBS to fully back foreign subsidiary participations...

Advestra provided legal counsel to UBS Switzerland AG and a banking syndicate in structuring a CHF 100 million credit facility for Gasverbund Mittelland AG, Switzerland's leading natural and biogas procurement and grid company. The transaction involved coordination between UBS as agent, fronting bank and lender alongside other syndicate banks to finance operations serving the Plateau and Northwestern regions.