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:
FinfraG Update III – Swiss Federal Department of Finance launches consultation on the amendment of the Financial Market Infrastructure Ordinance
The purpose of this Newsflash is to provide Swiss market participants with an update on the proposed amendment of the Swiss Financial Market Infrastructure Ordinance (draft FMIO) regarding the implementation of the obligation to exchange collateral under the Swiss Financial Market Infrastructure Act (FMIA).
The consultation process was launched by the Swiss Federal Department of Finance (FDF) on February 13, 2017 and will last until April 13, 2017. The new provisions are expected to enter into effect on August 15, 2017.