In mid-June 2018, the Swiss parliament launched a new licensing category, known as the FinTech licence, with the aim of promoting financial market innovation. This new licensing category under the Banking Act (BA) will apply to institutions which accept public deposits of up to CHF 100 million but which do…
Currently there is no legally recognised classification of tokens, neither in Austria nor on a European or international level. The literature differentiates between three different types: Security / Investment Tokens (hereafter referred to as “Security Tokens”) Payment / Currency Tokens (hereafter referred to as “Payment Tokens”) Utility Tokens This classification…
The Swiss Financial Market Supervisory Authority FINMA has launched enforcement proceedings against envion AG. FINMA has evidence that the company may have breached financial market law in relation to an ICO. FINMA launched enforcement proceedings against envion AG in July 2018. The proceedings focus in particular on possible breaches of…
The Financial Market Supervisory Authority FINMA has observed a marked increase in initial coin offerings (ICOs) conducted in Switzerland. It has today therefore issued FINMA Guidance 04/2017 on this topic. FINMA has also indicated that it is investigating a number of ICO cases to determine whether regulatory provisions have been…
Chenevieres Consulting SA (CCSA) provides sophisticated and dedicated Advice and Consulting related to International and Swiss Taxation, Inheritance and Succession, Legal Advisory, Compliance and reliable Corporate Services for more than 25 years now.
We work 7 days a week, including major holidays, in case of emergency and upon appointment. Please ask for details.
Mo. – Fr.: 8.30 – 17.30
Sat.: Upon Appointment
Sun.: Upon Appointment
Chenevieres Consulting SA | © 1998 – 2023. All rights reserved.