Suchergebnisse für Risiko

Die Auswirkungen des Covid-19-Solidarbürgschaftsgesetzes auf das Aktienrecht

In spring 2020, the Swiss Federal Council launched, among other things, the Covid-19 credit programme in response to the Covid-19 pandemic. About 20% of all Swiss corporations have subsequently taken out a Covid-19 loan. Initially, the Covid-19 Joint and Several Surety Ordinance («Covid-19-Solidarbürgschaftsverordnung») served as the legal basis of the credit programme. Later the ordinance was…

SPACs aus Schweizer Sicht

Special Purpose Acquisition Companies (SPACs) have been in use in the US for many decades and in their current form since roughly two decades with almost 1000 SPAC listings over these twenty years. A SPAC is a listed company that aims at acquiring or combining with an operating company to bring that company public (so called De-SPAC). For that purpose the founders and sponsors invest capital to…

Das Gesellschaftsrecht 2020/2021 Le droit des sociétés 2020/2021

Auch dieses Jahr befassten sich die Gerichte wieder eingehend mit der Thematik der aktienrechtlichen Verantwortlichkeit und brachten einige interessante Entscheide insbesondere im Zusammenhang mit…

Die unechte Konventionalstrafe bei Nichtausübung des Kaufsrechts an einem Grundstück

A1. bis A7. sind die sieben Erben der verstorbenen A8. und A9., die B. SA eine Aktiengesellschaft mit Sitz in X.² Mit öffentlich beurkundetem Vertrag vom 20. Juni 2011 räumten die Erben der B. SA ein…

Le compliance officer face au risque pénal découlant du dispositif anti-blanchiment

In the financial sector, the function of compliance officer is closely linked to the fight against money laun­dering, which is one of the main risks for the Swiss financial centre. The profession has important responsibilities in this field and breaches of its obligations can lead to (administrative) criminal sanctions, in particular for money laundering or violation of the duty to report a…

Retro-Strafbarkeit nach Art. 158 StGB: Questions and (some) Answers

In 2018, the Swiss Supreme Court issued a landmark decision on payments from third parties in financial services (so-called inducements, kickbacks, or retrocessions). In essence, it held that the acceptance of inducements by asset managers and their concealment vis-a-vis the clients are a criminal offense. This article discusses the ramifications of the Supreme Court decision and explores some of…

Rechtsfragen des LIBOR-Wegfalls

For decades, the LIBOR has been the most widely used benchmark interest rate for financial contracts. At the end of 2021, following major manipulation scandals and a dwindling reliability of the rate as a benchmark, LIBOR will be discontinued for most currencies including the Swiss franc. As numerous LIBOR agreements such as credit agreements or capital market instruments (mainly OTC interest…

Das schweizerische Bankprivatrecht 2020 | Le droit bancaire privé suisse 2020

Das Jahr 2020 war in vielerlei Hinsicht aussergewöhnlich. Demgegenüber bewegen sich die Entscheide zum privaten Bankrecht, die in diesem Jahr gefällt wurden, zu einem Grossteil im Rahmen des…

Editorial

Das europäische Datenschutzrecht ist seit mehreren Jahren in Bewegung: Im Mai 2016 hat die EU die Datenschutzgrundverordnung (DSGVO) vorgelegt, die einen einheitlichen Rechtsrahmen für das…

Feuerproben des neuen Datenschutzgesetzes – Ein «tour d’horizon»

In the area of conflict between diverging individual needs and competing societal interests, a multitude of «trial by fire» awaits the new federal data protection law. One of these is the smartphone, which, as an always-available means of mobile identification and documentation, is well on its way to become an electronic anklet for everyone.