Tag: Regulation

How does Blockchain and DLT impact current regulatory developments according to FinIA/FinSA?

February 13, 2019

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?

Is your FinTech/Blockchain/DLT business model in scope of the Swiss financial market law?

January 25, 2019

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

Are platforms trading crypto-assets subject to MiFID II/MiFIR?

January 22, 2019

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?

New due diligence obligations for financial institutions with a FinTech license. How EY can support you with the implementation of the new due diligence obligations.

December 12, 2018

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