One service that is particularly valued by clients is the publications we produce in different languages: clear, understandable articles and reports, and in-depth guides to specific legislation. Please find here our latest Lenz & Staehelin newsletters:
Consultation on FinTech regulation
On 1 February 2017, the Swiss Federal Council issued for consultation proposed amendments to the Banking Act ("BA") and the Banking Ordinance ("BO") aimed at facilitating the emergence of innovative business models based on financial technology ("FinTech"). The proposed risk-based and technology-neutral amendments are designed to lower market entry barriers and include a new type of license for FinTech and other companies accepting public deposits.