Switzerland: Financial Services

On 1 October 2026, Switzerland will introduce new transparency requirements under the Federal Act on the Transparency of Legal Entities and the Identification of Beneficial Owners...

On 1 October 2026, Switzerland will introduce new transparency requirements under the Federal Act on the Transparency of Legal Entities and the Identification of Beneficial Owners ("LETA" or "Transparency Act").

Financial institutions face mounting pressure to address quantum computing threats to their cryptographic infrastructure. As quantum technology advances, organizations must understand post-quantum cryptography implementation strategies and the regulatory landscape shaping data security requirements.

ESG expectations are increasingly shaping the Swiss legal and regulatory landscape, with significant implications for financial institutions and multinational organisations operating in or through Switzerland.

Kellerhals Carrard advised Spitäler Schaffhausen on a complex financing transaction involving a CHF 60 million subordinated credit agreement with Canton Schaffhausen and a CHF 100 million syndicated credit facility led by Zürcher Kantonalbank. The transaction enables the hospital to finance the renewal and development of its infrastructure following voter approval in a 2025 referendum.

In a ruling the Federal Supreme Court has held in 4A_454/2025 of 3rd March 2026 that PostFinance cannot refuse basic payment services to a client solely on the basis of US and UK sanctions designations where the client does not appear on any Swiss sanctions list.

Swiss companies face unprecedented disruption as regulatory complexity, environmental pressures, and technological transformation reshape the competitive landscape. Analysis of SIX-listed firms reveals that supply chain vulnerabilities and geopolitical tensions have become systemic challenges, with companies acknowledging these disruptions significantly outperforming those that don't. The traditional "Swiss Finish" of stability must now be redefined around adaptability and resilience in an era where disrupt...

Under the Swiss passporting regime for foreign prospectuses, eligible foreign prospectuses and base prospectuses may be used for securities offerings in Switzerland without a Swiss approval process.

Switzerland is a prime hub for asset managers looking to scale internationally, often by pairing Swiss investment expertise with Luxembourg fund structures.