Entering into force from 1 Jan 2024

New VAT rates

Normal: 8.1% (instead of 7.7%)

Reduced: 2.6% (instead of 2.5%)

Check this Link from the Swiss Government for more details.

1 January 2023 - Gold, governance and risk assessments in Switzerland

☝ To bear in mind for Board of Directors at year-end!

Banks importing more than 100 kg of gold must comply with due diligence and reporting obligations of Art. 964j of Swiss Code of Obligations and the Ordinance of Minerals and Metals from Conflict-Affected Areas and Child Labor (DDTrO).

25 September 2020 - Swiss Funds & Asset Management Association SFAMA and Asset Management Platform Switzerland join forces

Switzerland is an important centre for asset management, both within Europe and worldwide. With a view to strengthening its position further, the Asset Management Platform (AMP) Switzerland and the Swiss Funds and Asset Management Association SFAMA will merge in autumn 2020 to form the Asset Management Association Switzerland. The Swiss Bankers Association (SBA) will be a member of the new Association with a seat on its Board of Directors. https://www.swissbanking.ch/en/news-and-positions/press-releases/swiss-funds-and-asset-management-association-sfama-and-asset-management-platform-switzerland-join-forces

The newly formed association is to be found on: ihttps://www.am-switzerland.ch/en