In Your Best Interests
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We keep you up to date on all major legal news, nationally and internationally.
Our teams deliver coordinated legal advice to support you in doing business in an international context.
We keep you up to date on all major legal news, nationally and internationally.
On 1 September 2023, the revised Swiss Federal Act on Data Protection (FADP) will enter into force. The FADP regulates various new obligations for companies with regard to data processing and also provides for stricter sanctions in the event of breaches of obligations. To what extent the revised FADP will also affect the handling of job applicants› and employees› data is explained below in the form of a brief overview (without claim to completeness).
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On 2 June 2023, the Federal Council adopted the amendments to the Insurance Supervision Ordinance and put the revised Insurance Supervision Act and the revised Insurance Supervision Ordinance into force as of 1 January 2024. On 21 August 2023, the Swiss Financial Market Supervisory Authority FINMA published an action plan for insurance intermediaries: it calls on insurance intermediaries to inform themselves and ensure that they meet the new (increased) requirements.
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For over ten years, this event was held on the Zurichberg. The numerous foreign specialists who attend consider it the best opportunity to obtain and exchange information on the most important developments in European intellectual property law at a high level. It was again conceived and led by Dr Michael Ritscher, while Dr Christoph Gasser was responsible for the organisation. The preceding weekend in the snow has also become an integral part of the calendar of more and more intellectual property law practitioners. As previously, the morning was devoted to patent law and the afternoon to other intellectual property law, and new names joined established speakers.
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On 18 June 2023, voters in the cities of Winterthur and Zurich approved the introduction of a minimum wage. Provided that the initiatives can actually be implemented, a minimum wage will in principle be applicable in both cities in the future. In Winterthur this is to be at least CHF 23 per hour and in Zurich at least CHF 23.90 per hour. Extrapolated to a full-time workload, this would correspond to around CHF 4,100 to CHF 4,300 per month. In the city of Zurich in particular, however, it is currently still open whether this minimum wage will actually enter into force as planned.
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Under certain conditions and based on a multilateral agreement, it will from 1 July 2023 be easier for employers domiciled in Switzerland to allow employees domiciled in certain EU/EFTA countries to work from home to a greater extent, without this leading to a change of the applicable social security scheme. In particular, it will be possible for cross-border commuters from Germany, Austria and Liechtenstein to work outside Switzerland for up to 49.9% of their working time without this having any effect on their social security status in Switzerland. However, the agreement still has to be signed by the participating countries.
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