Welcome to CapLaw

CapLaw is a digital newsletter with international reach established and led by the General Editors. We provide up-to-date information on legal and regulatory developments regarding the capital markets, publish concise articles on developments in the Swiss and international financial markets, and announce recent deals and forthcoming events. CapLaw is addressed to all Swiss and international lawyers, in-house counsel, financial institutions and corporates, as well as those who are interested in the Swiss capital markets.

The General Editors
René Bösch, Homburger AG
Matthias Courvoisier, Baker McKenzie Switzerland AG
Benjamin Leisinger, Homburger AG
Ralph Malacrida, Bär & Karrer AG
Nina Reiser, University of St.Gallen
Thomas Reutter, Advestra AG
Patrick Schleiffer, Lenz & Staehelin
Philippe A. Weber, Niederer Kraft & Frey AG
Thomas Werlen, Quinn Emanuel Urquhart & Sullivan, LLP

CapLaw Themes
CapLaw PDF Archive
  • Quo Vadis – Finanzplatz Schweiz?

    Tuesday, 31 August 2021, University of Zurich, Rämistrasse 59, Zurich https://www.eiz.uzh.ch/EIZ/web/eiz/web.aspx?PageID=48&WPParams=43A9B2A7C6D4E0E8AAB08D92A897A5

    By

    CapLaw

    Read more: Quo Vadis – Finanzplatz Schweiz?
  • Capital Markets – Law and Transactions XVII (Kapitalmarkt – Recht und Transaktionen XVII)

    Wednesday, 17 November 2021, Metropol, Zurich https://www.eiz.uzah.ch/EIZ/web/eiz/web.aspx?PageID=48&WPParams=43A9B2A7C6D4E0E8AAB08D92A8999E

    By

    CapLaw

    Read more: Capital Markets – Law and Transactions XVII (Kapitalmarkt – Recht und Transaktionen XVII)
  • St. Gall Conference on Financial Markets Regulation (St.Galler Tagung zur Finanzmarktregulierung)

    Tuesday, 18 November 2021, Hotel Widder, Zurich https://lam.unisg.ch/tagung/finanzmarktregulierung

    By

    CapLaw

    Read more: St. Gall Conference on Financial Markets Regulation (St.Galler Tagung zur Finanzmarktregulierung)
  • Social Trading

    The ongoing digitization of the financial services markets and the near ubiquitous availability of smartphones and mobile broadband internet resulted in a rise of digital-only financial service providers over the recent years. Unlike their more traditional “brick and mortar” competitors, these new financial service providers offer their services almost exclusively through digital channels and at…

    By

    Patrick Schärli

    /

    Patrick Schleiffer

    Reference:
    Read more: Social Trading
  • SPACs: The Swiss Capital Markets Law Perspective

    On 22 February 2021, luxury electric vehicle manufacturer Lucid Motors agreed to go public by merging with the Special Purpose Acquisition Company (SPAC) Churchill Capital Corp IV in a deal that valued the combined company at USD 24 billion. While SPACs are a dominant trend in the U.S. (representing 198 out of the 244 IPOs to…

    By

    Claude Humbel

    /

    Thomas van Gammeren

    Reference:
    Read more: SPACs: The Swiss Capital Markets Law Perspective
  • Key Highlights of the Modernization of the Commercial Register, Effective 1 January 2021

    As of 1 January 2021, the legal framework governing the commercial register in Switzerland has been modernized. The new rules primarily comprise amendments to the Swiss Code of Obligations (CO, article 927 et seq.) and to the Commercial Register Ordinance (CRO). The author highlights the key changes that the new rules did—and did not—bring about. By Daniel…

    By

    Daniel Häusermann

    Reference:
    Read more: Key Highlights of the Modernization of the Commercial Register, Effective 1 January 2021
  • New Swiss DLT Regulation: Status Update and Outlook

    In its efforts to adapt the Swiss legal framework to take into account business activities that rely on Distributed Ledger Technology (DLT), the Federal Council recently published the draft blanket ordinance in the area of blockchain. The purpose of this article is to highlight some of the most salient features of the proposed provisions, focusing…

    By

    Stefan Kramer

    /

    Sandrine Chabbey

    Reference:
    Read more: New Swiss DLT Regulation: Status Update and Outlook
  • Upcoming Regulation on Sustainability Reporting and Human Rights Due Diligence in Switzerland

    On 29 November 2020, the initiative on responsible enterprises failed. The initiative provided, among others, liability of Swiss enterprises for their subsidiaries abroad who have breached human rights or environmental standards. As a result, the parliament’s indirect counterproposal will likely enter into force (subject to a potential popular referendum). The indirect counterproposal provides for (i)…

    By

    Annette Weber

    Reference:
    Read more: Upcoming Regulation on Sustainability Reporting and Human Rights Due Diligence in Switzerland
  • P.R.I.M.E. Finance – Public Consultation on Draft Revised Arbitration Rules

    In January 2021 P.R.I.M.E Finance announced a public consultation on its draft revised Arbitration Rules. In the most ambitious revision of its rules since its inception, P.R.I.M.E. Finance invited specialist firms, financial institutions, arbitrators and any interested parties to contribute their comments by 31 March 2021. Key features of the rules include central roles for…

    By

    René Bösch

    Read more: P.R.I.M.E. Finance – Public Consultation on Draft Revised Arbitration Rules
  • Swiss Steel Holding successfully completes contested CHF 247 million capital increase

    Following the successful completion of the CHF 247 million capital increase of Swiss Steel Holding AG the newly issued shares started trading on SIX Swiss Exchange on 23 March 2021. This completed a contested and publicized process in which Swiss Steel Holding’s second largest shareholder Liwet Holding AG had initiated court proceedings and filed an…

    By

    CapLaw

    Reference:
    Read more: Swiss Steel Holding successfully completes contested CHF 247 million capital increase