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Switzerland

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In Antitrust / Competition

Switzerland: Revision of the Swiss Cartel Act enters next phase – will it fly this time?

by and 5 Mins Read

The Swiss government has opened the consultation process on a further revision of the Swiss Cartel Act after previous failed attempts. The main objective of the proposed revision is the modernization of Swiss merger control. By changing the current qualified market dominance test to the Significant Impediment to Effective Competition test, the regulation of mergers shall be adapted to the standards already prevailing in the EU and the threshold for prohibiting a transaction should thus become lower.

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In Anti-Corruption

Switzerland: Compliance & investigations webinar series

by , and 2 Mins Read

Baker McKenzie are now inviting you to join sessions on specific developments and areas of risk that are on the minds of risk managers and require forethought today. The Series is designed for legal and compliance as well as interested business leaders who want to invest 50 minutes every month to these topics and come away with ideas and practical guidance.

In Antitrust / Competition

Switzerland: Advertisements displayed in inbox only possible with users’ consent

by and 7 Mins Read

On 25 November 2021 (Case C-102/20), the European Court of Justice (ECJ) ruled that displaying advertisements directly in the e-mail inbox, so-called inbox advertising (“Inbox Werbung”), is only permissible with the recipient’s prior consent. The ECJ’s reasoning can also apply to the legal situation in Switzerland on the basis of the provisions of the Federal Act against Unfair Competition.

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In Belarus

Belarus, Switzerland: Amended Belarus sanctions listings

by 1 Min Read

On 20 December 2021, taking effect at 6pm CET, Switzerland amended its lists of sanctioned parties (Annexes 7, parties subject to financial sanctions, and 8, parties subject to financial restrictions), namely by adding 17 individuals and 11 entities and organizations to Annex 7. These are the same individuals and entities as listed under EU sanctions on 2 December. Among the entities added are Belavia Belarusian Airlines, State Production Association Belorusneft and Open Joint Stock Company Belshina.

In Belarus

Global: Recorded Webinar – Latest Developments on Belarus Sanctions

by and 2 Mins Read

The Baker McKenzie International Commercial and Trade team is delighted to invite you to watch our pre-recorded webinar on the latest developments in relation to sanctions against Belarus, as at 10 December 2021. The webinar covers sanctions measures imposed against Belarus by the US, the EU, the UK, Canada and Switzerland, with a particular focus on the most recent measures announced in December 2021, in response to the migration crisis on the Belarus/EU border. The webinar lasts just over 30 minutes, and is intended to give you an overview of the developments, and the key takeaways to ensure compliance by your business

In Austria

European Union: DAC7 Risk Test

by , , , , , , , , , , , , , , , , , , , , , , , , and 2 Mins Read

In March 2021, the EU approved new reporting rules in a directive known as DAC7. The directive will require the operators of online platforms for the sale of goods and certain services, to collect, verify and share data on their sellers and their transactions concluded on the online platform. EU member states have until 31 December 2022 to implement DAC7 into national law. Certain platform operators will become a reporting platform and will need to start collecting and verifying data points in compliance with the DAC7 reporting requirements. The collected data points must be reported to the tax authorities of the relevant EU member state annually.

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