LEGAL NEWS: “FINMA Enforcement tools” March 21
This legal news is drafted jointly by Yasmine SABETI LANGE, LL.M., attorney-at-law Sabeti-Legal in Zurich, and Olivier RIVOIRE, LL.M., attorney-at-law, partner at BORY & ASSOCIES in Geneva. ______ Enforcement tools – FINMA, financial markets supervision...
Le SARON remplace le LIBOR – Que dois-je savoir en tant qu’emprunteur?
Fin 2021, le LIBOR disparaitra au profit du SARON en Suisse. Pour le preneur d'hypothèque, de nombreuses questions se posent, en premier lieu, que se cache derrière cet acronyme barbare et quels sont les conséquences sur financements hypothécaires. ...
As of January 1, 2020: New Limitations Periods in the Swiss Code of Obligations
Limitation periods play an important role in legal life: by virtue of lapse of time, a creditor will lose his or her right to enforce a claim before court. Although the rules governing the limitation of actions may, at first glance, seem unfair, they do, in fact, aim...
THE END OF THE BEARER SHARES IN SWITZERLAND
On November 1, 2019 entered into force the new federal Act on the Implementation of Recommendations of the Global Forum on Transparency and Exchange of Information for Tax Purpose (the “Act”). The Act puts a definitive end to the regime of the bearer shares, except in...
Overview of the legal remedies against an unjustified payment order in Swiss law
In 2018, no less than 2'967'555 payment orders were issued in Switzerland by the Debt Collection Offices according to the Federal Statistical Office. A payment order is a summons issued to an alleged debtor to either pay his or her debt within 20 days, or object to...
Do I receive my salary if I must stay at home because of quarantine or because the school closes due to a coronavirus outbreak
As of 6 March 2020, around 200 persons in Switzerland have been ordered to stay in quarantine (https://www.rts.ch/info/suisse/11139730-la-situation-sur-le-front-du-covid-19-est-serieuse-estime-l-ofsp.html) and handful of kindergarten and schools had to close. In the...
New address
New address as of 1st of February 2020 Yasmine Sabeti Lange, Attorney-at-law Wiesenstrasse 1CH-8002 Zurich