Suchergebnisse für Elektronische Interaktion

Absage einzelner Traktanden einer GV oder einer GV insgesamt

Mit Schreiben vom 6. Mai 2020 lud der Verwaltungsrat (VR) der A AG (Beklagte, Beschwerdeführerin, nachfolgend: A AG) die Aktionäre zur ordentlichen Generalversammlung (GV) auf den 18. Juni 2020 ein…

Echtzeitbankenaufsicht – la panacée?

In recent years, the concept of data-based banking supervision has evolved to influence the dynamics between supervisors and supervised institutions. This de­ve­lopment, if accompanied by adequate implementation, undoubtedly improves the quality of banking supervision. However, data-based supervision does not automatically lead to real-time supervision. While it tends to reduce the time lag…

Decentralized Exchanges: Grundlagen, Risiken und ausgewählte aufsichtsrechtliche Aspekte

Decentralized exchanges (DEX) enable traders to interact directly and to exchange their digital assets – such as cryptocurrencies – on a peer-to-peer basis without needing to trust an intermediary or each other. This article first delves into the functioning of DEX with a focus on their price-finding mechanisms. Subsequently, it outlines the main risks of DEX and gives an overview of certain…

Digitale Generalversammlungen und Verwaltungsratssitzungen

The 19 June 2020 revision of the provisions on the limited by shares company contains various facilitations for the use of technical means in the conduct of general meetings and board meetings. What are the concrete options available and what are the practical implications of these innovations? What do banks need to consider from a prudential perspective? After an overview of the digitization in…

Aktienrechtsrevision und Handelsregister

The biggest change in registration is probably the move away from registration as an anti-proxy transaction by introducing various proxy options. With the revision of stock corporation law, the documentary evidence principle was retained in principle. Pursuant to Art. 937 of the Swiss Code of Obligations, the Commercial Registry Office must verify, both at the time of incorporation and in the…

Multitasking in der Missbrauchsaufsicht: Die Kompensationsfunktionen von Artikel 7 Kartellgesetz

Market economies are based on competition. In the absence of competition, prices rise, factor allocation is not optimal and the incentives to increase productivity and to innovate are impaired. In order to avoid these disadvantages, Article 7 Cartel Act complements the control by competition with a special abuse control. The basic function of this rule is thus to compensate for a lack of…

Moderne Formen der Generalversammlung im revidierten Aktienrecht 2020

The revision in 2020 of the Swiss law on companies limited by shares (Aktiengesellschaft) as created the legal basis for modernizing the annual general meeting (AGM) of shareholders of limited companies, also making it more flexible. Today’s electronic means of communication have opened up new possibilities for how AGMs can be conducted. Especially in large corporations, but also in smaller…

Regulierung von künstlicher Intelligenz für FinTech-Anwendungen

New methods of artificial intelligence represent one of the greatest promises and most prospective developments of digitalisation. Artificial intelligence has already enabled numerous innovative applications in the areas of image recognition, medicine, language and mobility, and it is also increasingly being used in the financial market, on which this article focuses. In addition to great…

Digitale Inhalte und Dienstleistungen

The legal classification of access to digital content and services can have a significant impact on the rights and obligations of the parties. While customers regularly assume a comprehensive right of use and disposal, providers want to retain control over assigned digital copies of goods by means of technical precautions and contractual mechanisms. Based on an analysis of the legal foundations…

Daten-Governance und Cloud Banking im neuen Datenschutzrechtsumfeld

Banking is a data-sensitive business. With the adoption of the new Data Protection Act the data protection level will also be increased in Switzerland, amongst others in the data security context. Banks, often using cloud services for efficiency reasons, will have to adapt their data governance framework in the near future: Data processing and storing must meet the data protection and data…