Private Banking
Our team provides tailor-made legal advices on the structuring of all types of individual or collective investment vehicles, product structuring, anti-money laundering regulations, compliance, and enforcement matters.
Areas of expertise
- Anti-money laundering and KYC rules, cross-border rules, rules of conduct
- Discretionary asset management and advisory services
- Asset-based financing (including collar or other hedge structures)
- Drafting and review of contractual documentation
- Tax and inheritance law related advice, trust structures
- Automatic exchange of information (AEOI) and FATCA related advice
- Representation in litigation, investigations and enforcement proceedings
Other relevant areas
Asset Management | Investment Funds | Debt & Equity Capital Markets | Structured Finance & Lending | Trade & Commodity Finance | Aviation & Ship Finance | Islamic Finance | Derivatives, Structured Products | Financial Services & Regulatory | General Legal Documentation & Transaction Support | Regulatory & Compliance Support | FinTech | Payment Services
“They are very reliable, provide high quality work and show strong client focus”
Publications
Client segmentation under FinSA
International Law Office, November 2019- EN
- Alexander Vogel
- Reto Luthiger
- Fabienne Walter
Classification of stablecoins under Swiss law: FINMA publishes amended guidelines
International Law Office, October 2019- EN
FDF proposes key changes to FinSO and FinlO
International Law Office, September 2019- EN
Blockchain – Aspetti legali e punti d’intervento del legislatore
Speaker at L'Associazione Internazionale Giuristi di Lingua Italiana (AIGLI), XXXII Convegno in Monopoli (BR), Italy, 26-29 September 2019- IT
News Portal
The new Limited Qualified Investor Fund (L-QIF) – What is it and who is it for?
Following our recent newsletter contributions on this topic, please be informed about key developments regarding a new structuring option for collective investment schemes (funds) in Switzerland, the so-called «L-QIF«, that offers attractive opportunities, in particular for banks, pension funds, and Swiss-based family offices.
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Agreement between Switzerland and the United Kingdom (UK) on Mutual Recognition in Financial Services
On 21 December 2023, Switzerland signed a first-of-its-kind financial services agreement with the UK (Agreement) after two years of talks which began after the UK left the EU. The Agreement uses outcomes-based mutual recognition of each jurisdiction’s financial services regulatory and supervisory regimes to facilitate cross-border trade in financial services to wholesale and sophisticated clients on the basis of deference, domestic law or other arrangements:
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In Spotlight: What Are Additional Tier 1 (AT1) Bonds and How Do They Function?
In the course of the forced emergency merger between UBS and Credit Suisse for CHF 3 billion in UBS shares, the Swiss Financial Market Supervisory Authority (FINMA) ordered the write off of CS’s Additional Tier 1 bonds in the total amount of CHF 16 billion.
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Swiss Marketing Rules for Foreign Fund Managers: Be Reminded of the 31 December 2021 Deadline
This note is part of a series of briefings on the Financial Services Act (FINSA, FIDLEG in German and LSFin in French) that came into force in 2020 and is a reminder for fund managers and other entities advertising, offering or marketing foreign funds on a cross-border basis to Swiss qualified investors that all FINSA requirements will need to be satisfied by 31 December 2021.
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COVID-19 Credits: Revised Guidelines of the Swiss Bankers’ Association on the Internal Handling of COVID-19 Credits
As an immediate response to liquidity shortages caused by the pandemic, the Federal Council had adopted on 25 March 2020 an emergency ordinance allowing SMEs to apply for and obtain so-called COVID-19 credits in a speedy, non-bureaucratic procedure until 31 July 2020. Given its extraordinary nature, the ordinance stayed in force until 25 September 2020. In order to address all aspects of the COVID-19 credits over their entire lifespan/term, there was a need to legislate and incorporate the main procedural provisions of the former emergency ordinance into a formal federal act: the Federal Act on COVID-19 Credits with Joint and Several Guarantee (the “COVID-19 Credit Act”) entered into force on 19 December 2020.
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