Switzerland

The Board of Directors of the Swiss Financial Market Supervisory Authority FINMA has appointed Urban Angehrn as the authority’s new CEO. The Federal Council has approved this decision.

The Swiss Financial Market Supervisory Authority FINMA is publishing further guidance on the replacement of the LIBOR reference rate by the end of 2021.

Banks and insurance companies are required to inform the public adequately about their risks.

FINMA’s Takeover and State Liability Committee rejects the appeal against the Swiss Takeover Board’s decision 750/02 of 5 March 2021 regarding Swiss Steel Holding Ltd.

The Swiss Financial Market Supervisory Authority FINMA is adapting due diligence requirements in connection with client onboarding via digital channels to take account of technological developments.

The Swiss Financial Market Supervisory Authority FINMA announces that Diem Networks GmbH is withdrawing its application for authorisation as a payment system in Switzerland, which was already at an a

The Swiss Financial Market Supervisory Authority FINMA is integrating its existing and established supervisory practice on supplementary health insurance, specifically the protection of insured perso

The Swiss Financial Market Supervisory Authority FINMA has opened enforcement proceedings against Credit Suisse after the bank suffered significant losses in connection with a US hedge fund (“Archego

The enforcement report contains anonymised case studies that offer a more in-depth insight into FINMA’s enforcement activities.

The enforcement report contains anonymised case studies that offer a more in-depth insight into FINMA’s enforcement activities.

Jan Blöchliger will replace Mark Branson as FINMA CEO ad interim on 1 May 2021. Michael Waldburger will head the Banks division ad interim from 1 April 2021.

The Swiss Financial Market Supervisory Authority FINMA published its 2020 Annual Report today.