Regularization of undisclosed assets in Switzerland and South Africa – Transparency on the horizon
Urs Feller, Danielle Wenger and Marcel Frey give an overview of the developments and the legal situation with regard to the regularization of undisclosed assets in Switzerland and South Africa. Recently, the two countries concluded an agreement on the exchange of tax information on the basis of the Common Reporting Standard. The impact of this agreement is analyzed. This article was co-authored with colleagues from South Africa.
Bankruptcy & Restructuring Roundtable
Daniel Hayek and other expert panellists from reputable law firms share their thoughts on challenges, legal developments, cross-border issues, financing etc. in the increasingly important area of bankruptcy litigation and restructuring proceedings.
Freezing Orders and Asset Tracing
Switzerland is home to more than 260 banks, with an aggregate balance sheet total of approximately 3 trillion Swiss francs. A considerable part of the assets managed in Switzerland belong to non-domestic clients. This makes Switzerland not only a major financial centre, but also a hub for the global wealth management business. Against this backdrop, it goes without saying that obtaining provisional relief affecting property in Switzerland, and bank accounts in particular, is of great significance from a practical point of view. Christian Casanova and Alexander Flink describe the process of obtaining freezing orders and tracing assets in Switzerland.
Überwachung von Mitarbeitergeschäften im Effektenhandel
Remo Wagner’s contribution discusses the monitoring of employee transactions in securities trading from the perspective of Employment and Data Protection Law
Prager Dreifuss Newsletter – July 2016: Criminalizing corruption – New criminal provisions on private bribery
In the July 2016 newsletter, Dr. Urs Feller and Marcel Frey present the criminal provision combatting private bribery that has been transposed into the Swiss Criminal Code as of July 1, 2016. The authors review the background and scope of the criminal norm and give an outlook on the consequences and measures for private individuals and companies.