Eingaben / Positionen · Trade and investment policy · 26. September 2022
Statement of SwissHoldings on the consultation “Bilateral Agreement between Switzerland and Indonesia on the Promotion and Protection of Investments”
This is an automatic translation, which is why errors may occur The main concerns and the position of the association on the consultation can be summarized as follows: Direct investment is central to Switzerland: In the small and open Swiss economy, the prosperity of the population and the competitiveness of companies depend directly on integration …
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Editorials · National Tax Law · Verrechnungssteuerreform · 20. September 2022
Who will benefit from the withholding tax reform?
This is an automatic translation, which is why errors may occur Next Sunday we will vote on the Reform of the withholding tax (amendment on the Federal Withholding Tax Act). A successful business location is not a static entity. Every now and then it needs an update to continue to function well. One such update …
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Editorials · National Tax Law · Verrechnungssteuerreform · 13. September 2022
Three questions on the withholding tax reform: What does it mean for our member companies in practice?
This is an automatic translation, which is why errors may occur The vote on the withholding tax reform is coming up on September 25. It seeks to abolish part of the withholding tax, namely that on bond interest. While it will not lead to any tax savings for companies, SwissHoldings is clear: the outdated and …
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Capital Market Law · Company Law · Eingaben / Positionen · 12. September 2022
Consultation response: Closing of a criminal liability loophole in the Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading (FinfraG)
The proposal aims to create a new criminal provision, structured as a misdemeanor, in case of violation of the obligation to publish a true and complete offer prospectus or a true and complete pre-announcement. It is to be structured as a mirror image of the penal provision for untrue or incomplete information in the target …
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Statements & Positions · Trade and investment policy · 9. September 2022
Consultation Response: Federal Law on the Audit of Foreign Investments
This is an automatic translation, which is why errors may occur Summary of the Association’s position and concerns Foreign direct investment is central to Switzerland. In the small and open Swiss economy, the prosperity of the population and the competitiveness of companies depend directly on integration into global value chains. Since Swiss companies themselves are …
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Competition Law and Competition Policy · Statements & Positions · 2. September 2022
Consultation response: Revision of the Verticals Notice – Consultation drafts of the Verticals Notice (VertBek) and the VertBek Explanatory Notes
This is an automatic translation, which is why errors may occur. On July 5, 2022, the Competition Commission (WEKO) published drafts for a revised Verticals Notice (E-VertBek) together with associated explanations (E-VertBek explanations) and invited you to submit your comments for consultation. We thank you for the invitation to comment on the above-mentioned consultation. We …
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Session previews · 30. August 2022
Session preview autumn session 2022
This is an automated translation, which is why errors may occur. The session preview provides an overview of important business falling within our area of activity that will be dealt with in the upcoming autumn session (September 12 – 30) in the National Council and the Council of States. With the session preview, we show …
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Accounting and Financial Reporting · Eingaben / Positionen · 29. July 2022
Comment letter – Exposure Draft on IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
Short position Our federation strongly supports the initiative undertaken by the ISSB to establish international sustainability disclosure standards. In particular, the chosen approach of the draft proposal building upon existing frameworks and addressing their current fragmentation is in our view effective to aid consistency and comparability of information, as well as increase the quality of …
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Accounting and Financial Reporting · Eingaben / Positionen · Themenbereich Wirtschaft · 29. July 2022
Comment letter – Exposure Draft on IFRS S1 General Requirements for Disclosure of Sustainability-related Financial Information
Short position Our federation strongly supports the initiative undertaken by the ISSB to establish international sustainability disclosure standards. In particular, the chosen approach of the draft proposal building upon existing frameworks and addressing their current fragmentation is in our view effective to aid consistency and comparability of information, as well as increase the quality of …
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Company Law · Statements & Positions · 7. July 2022
Consultation on the approval of the Hague Convention – Statement by SwissHoldings
SwissHoldings welcomes the approval of the Convention. Within its scope of application, it creates legal certainty and ensures that decisions of agreed state courts are treated in the same way as those of arbitral tribunals. We are in favor of Switzerland not making any reservations or declarations to the Convention. Otherwise, these would again restrict …
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