Switzerland: Financial Services

In a decision designated for publication, the Swiss Federal Tribunal has confirmed that a bank operating on an execution-only basis is not required to remit distribution commissions to its client — resolving a question the Court had previously left open and offering the clearest guidance to date on where the duty to account ends in non-advisory relationships.

The political response to the Credit Suisse collapse is increasingly focused on tightening capital requirements for systemically important banks.

Providing core banking services to EU customers from a non-EU country will generally require the establishment of an authorised EU branch or subsidiary.

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.

The commentary on Arts. 119–122 CISA/KAG analyses the Swiss market-access regime for foreign collective investment schemes.

As FinTech companies increasingly expand across European markets, they encounter a regulatory landscape that demands both strategic sophistication and operational discipline.

As of 1 January 2026, Switzerland adjusted the statutory maximum interest rates for consumer credit. The Federal Department of Justice and Police (FDJP) set the annual percentage rate (APR) ceiling at 10% for cash loans...