The various currently known and potential future applications of Blockchain and Distributed Ledger Technologies (DLT) relate to Swiss financial market law in many different ways. As part of our series regarding the Swiss Federal Council report of 14 December 2018 we outline in our second blog article potential issues and any need for action with … More How does Blockchain and DLT impact current regulatory developments according to FinIA/FinSA?
In our series regarding the Swiss Federal Council report of 14 December 2018 DLT-technologies and Blockchain, our EY-specialists provide you with an overview of the applicability of the current Swiss financial market law on your FinTech-, DLT-, Blockchain-, DAO- business as well as your tokens. Authors: Darko Stefanoski, Orkan Sahin, Loric Szalai
The European Securities and Markets Authority (ESMA) has published on the 9th of January 2019 its advice on Initial Coin Offerings (“ICO”) and Crypto-Assets. This advice highlights a number of issues and gaps in the existing EU regulatory framework and provides insight to the EU policymakers when considering how the regulatory framework can be developed … More Are platforms trading crypto-assets subject to MiFID II/MiFIR?
The Federal Council recognizes the potential of DLT and blockchain in its recently published report, providing an overview of the relevant legal framework and need for action. Authors: Darko Stefanoski, Nicole Zürrer
The Swiss Financial Market Supervisory Authority (FINMA) has now published the revised FINMA Anti-Money Laundering Ordinance, which sets out the due diligence requirements for FinTech companies in the new licencing category. The changes become effective already as of 1 January 2019. Authors: Darko Stefanoski, Orkan Sahin, Nicole Zürrer