FINMA has published a supervisory notice 05/2021 on the topic of preventing and combating greenwashing. The term “greenwashing” refers to the conscious or unconscious deception of investors or clients about the sustainable characteristics of financial products and services. Thus, financial products are misleadingly labelled as “sustainable”, “green” or “ESG” (Environment, Social, Governance) or the like. […]
In its ruling of 5 January 2022(4A_330/2021), the Federal Supreme Court overturned a ruling of the Commercial Court of the Canton of Aargau and dismissed the action brought by an establishment (restaurant and bar) against an insurance company. The respondent (catering company) asserted a claim for payment of CHF 40,000.00 for loss of earnings and […]
It is with great pleasure that we announce that Melanie Käser, a young, motivated and extremely talented lawyer, has joined our partnership. Melanie Käser started with us as a junior associate and, after passing the bar exam, very quickly assumed responsibility and management duties in dealing with clients. As of 1 January 2022, she will […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Thomas Würsten of Probst Partner AG. Thomas has joined IR as our exclusive Tax (Law) Member in Switzerland. Thomas Würsten specialises in tax law and provides legal advice in all tax matters related to domestic and international enterprises, entrepreneurs and private […]
How external counsel can help you explore and secure market entry opportunities
IR Global members offer jurisdiction-specific advice on how external counsel can help you explore & secure market entry opportunities. The global Covid-19 pandemic may not be over, but business leaders […]
By Olivier RIVOIRE (this Newsletter is drafted jointly with Yasmine SABETI LANGE, attorney-at-law Sabeti-Legal in Zurich) It was recently reported in the press that FINMA took several actions against certain Swiss banks and their executive managers, particularly in relation to several cases of money laundering. Financial markets supervision and money laundering Such recent FINMA decisions provide us with […]
IR Global, the world’s largest exclusive network of advisory firms is delighted to introduce Olivier Rivoire of BORY & ASSOCIÉS, LAWYERS. Olivier has joined IR as our exclusive Banking and Finance and Immigration Law Member in Switzerland. After completing his legal studies at the University of Fribourg, Olivier Rivoire was admitted to the Geneva bar […]
Foreword by Andrew Chilvers For ambitious companies eager to expand into overseas markets, often the conventional route of organic business development is simply not fast enough. The other option to invest in or buy a business outright is far quicker but often fraught with unforeseen dangers. And even the biggest, most experienced players can get […]