Our articles are written by experts in their field and include individual barristers, solicitors, academics, judges, and leading firms in relevant areas of practice. JIBFL offers authoritative insights into global banking and financial law, providing essential updates for legal practitioners and policymakers. Covering key topics like lending, security interests, derivatives, debt capital markets, banking and finance related disputes, crypto, FinTech and financial regulation, JIBFL serves as a trusted resource for navigating complex legal challenges and staying informed in the financial sector. If you would like to contribute, please email Amanda.Cohen2@lexisnexis.com.
Switzerland – February 2021
© Copyright LexisNexis 2024. All rights reserved.
New DLT Laws
On 25 September 2020 the Swiss Parliament adopted the Federal Act on the Adaptation of Federal Law to Developments in the Technology of Distributed Electronic Registers. With this law various federal laws are selectively adapted with the goal to enable Switzerland to continue to distinguish itself as a leading innovative and sustainable jurisdiction for projects in the field of blockchain and distributed ledger technology (DLT). The associated ordinance was in the consultation phase until 2 February 2021.
The key adaptations are being made at the legislative level in the Code of Obligations (CO) the Debt Enforcement and Bankruptcy Act (DEBA) and the Financial Market Infrastructure Act (FMIA). The private law adaptations including a new registered uncertificated security entered into force on 1 February 2021. The remaining adaptations to laws and regulations are expected to come into force on 1 August 2021.
The...
If you are already a User, sign in
Or you can register free of charge to read a limited amount of subscriber content per month.
Once you have registered, you will receive an email directing you back to read this article in full.
Alternatively you can subscribe here to read unlimited content.
