Squire Patton Boggs (LexBlog Switzerland)

What You Should Know about Employment Litigation in Switzerland
In recent months we have been privileged to have sitting with us in our Labour & Employment team Anela Lucic, Employment attorney at leading Swiss commercial lawyers Vischer. After an eye-opening glimpse into English employment law and practice, here is Anela’s brief summary of the Swiss position. If you have business operations with employees in...
Switzerland Proposes Relaxed AML Rules for New FinTech License
In an effort to stimulate innovation in Switzerland’s financial markets, the Swiss Financial Market Supervisory Authority (“FINMA”) announced its plans to relax anti-money laundering requirements for certain smaller financial technology firms. If implemented, these plans would go into effect on January 1, 2019. “FinTech” Licenses The move came after the announcement by the Swiss parliament...
Switzerland Introduces Sanctions on Republic of Mali
On 22 November, the Swiss Federal Council introduced UN sanctions against the Republic of Mali, which include travel bans and asset freezes. The sanctions target individuals and entities acting directly or indirectly to undermine peace, security and stability in the country. Switzerland’s media release can be read here.
Switzerland’s 1:12 Initiative Failed but the Debate for Pay Equality Continues
On November 24, 2013, Swiss voters soundly voted down (65.3% to 34.7%), a proposal to limit the pay of companies’ highest paid managers to 12x that of their lowest paid rank-and-file workers, known as the “1:12 Initiative”. The 1:12 Initiative was raised by Switzerland’s Young Socialists, who succeeded in collecting 100,000 signatures to put the 1:12...

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