Suchergebnisse für Schweizer Datenschutz

Schutz von Bankmitarbeiterdaten in Amtshilfeverfahren

In a landmark decision at the end of 2017, the Federal Supreme Court stated that in administrative assistance documents the names of bank employees must always be redacted. In July 2020, it took two further landmark decisions on the legal position of bank employees and other third parties in administrative assistance proceedings. Firstly, it concluded that, in general, an intended data transfer…

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…

Die schleichende Erodierung des Bankkundengeheimnisses

This article shows how Swiss banking secrecy, which was primarily intended to protect privacy and was enshrined in law in response to the banking crisis of 1931, has been gradually eroded under increasing international pressure and adapted to international standards. In stark contrast to this, it continues to be valid at home. However, the existing legal obligations to inform and report to the…

Dokumentenherausgabe nach FIDLEG vs. datenschutzrechtliche Auskunftserteilung

The claim for disclosure according to FinSA is supposed to enable the customer to obtain evidence to effectively enforce his or her rights from the contractual relationship with the financial service provider. The right to request information according to FADP is meant to enable the data subject to control his or her personal data and thus to protect and enforce his or her personal rights…

«Open Banking» in der Schweiz – Herausforderungen an den Schnittstellen von Finanzmarkt-, Datenschutz- und Kartellrecht

«Open Banking» challenges traditional financial institutions in Switzerland and around the world. It poses strategic as well as legal compliance challenges. The present study delimits the (sometimes synonymously used) terms «Open Banking» and «API Banking» to the effect that Open Banking presupposes an access to the banking account (XS2A) on the basis of non-discriminatory criteria. It thus…

Praktische Problemfelder und Lösungsansätze in Bezug auf die «FinTech»-Bewilligungsvoraussetzungen von Art. 1b BankG

The piece at hand addresses in depth the FinTech license according to art. 1b of the Swiss Banking Act (BA) that is in force since January 1^st 2019. The FinTech license provides for a new category of a regulatory status for FinTech institutions that do not offer typical banking activities, but whose business touches certain elements of banking. It aims to foster innovation in the financial market…

Big Data and the Law: a holistic analysis based on a three-step approach – Mapping property-like rights, their exceptions and licensing practices

Given Big Data’s increasing importance, it seems important to develop a clear and coherent body of law and to organize the different relationships among all stakeholders and legal regimes that grant different property-like rights. There are already numerous studies on the interactions between Big Data and intellectual property and/or privacy, but less that map all legal regimes, including the…

Les données bancaires pseudonymisées – Du secret bancaire à la protection des données

Law strictly restricts the transfer of personal data and data protected by banking secrecy, especially outside of Switzerland. Personal data is defined as all information relating to an identified or identifiable person. Similarly, legal scholarship and case law hold that banking secrecy protects only client identifying data. The ability to identify the relevant person is thus core to both data…

Le droit bancaire privé suisse 2019 / Das schweizerische Bankprivatrecht 2019

Cette chronique s’allonge chaque année. Sa consultation en devient moins aisée. Pour faciliter son accès aux lecteurs nous avons introduit trois nouveautés.

Editorial

Die Digitalisierung verändert immer weitere Be­reiche des täglichen Lebens und der Tätigkeiten von Unternehmen und Behörden. Betroffen sind auch Handlungen, die seit jeher von Menschen ausgeführt…