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 V – Swiss Federal Council sets date for the entering into force of the revision of the Financial Market Infrastructure Ordinance
The purpose of this Newsflash is to provide Swiss market participants with an update on the revision of the Swiss Financial Market Infrastructure Ordinance (the revised-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 lasted until April 13, 2017 (see previous FinfraG Update III). The revised provisions will enter into effect on August 1, 2017.