Swiss Financial Market Supervision Act
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Cross-border legal implications of recent rulings in the Credit Suisse AT1 bond saga
The US and Swiss decisions raise international considerations for investor protection, regulatory power in bank rescues, cross-border jurisdiction, and the hierarchy of claims in bank resolution cases.
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Switzerland boosts administrative cooperation between international authorities
Clients could lose rights to be heard and appeal when a foreign authority requests international admin assistance on possible violation of market abuse provisions.