Switzerland is facing a choice of whether to maintain its policy of self-regulation regarding sustainable finance or formulate legislation that applies across all financial industry sectors, say Jürg Frick and Alexander Cochardt of Homburger
Jürg Frick of Homburger takes a closer look at whether a cross-border fund offering can be classified as a financial service as per the Swiss FinSA, and considers the regulatory aspects of compliance
The country is again amending regulations applicable to offerings of foreign funds to qualified investors. The changes should be positive - with some notable exceptions