Partial revision FINMA Circular 2018/3 (Outsourcing banks and insurers)
On 27 November 2019, the Swiss Financial Market Supervisory Authority FINMA announced that it is definitively implementing the small banks regime at circular level as of 1 January 2020. This includes a generally applicable change in regulation (i.e. not only to small banks) with regard to Circular 2018/3 (Outsourcing Banks and Insurers), which has quite some practical effect.
swissICT column “Law & IT”: Legal consequences in dealing with the “Internet of Things” (IoT).
The legal commission of swissICT reports in its column "Law & IT" for Computerworld about current legal issues in the digital field. This time by and with Alexander Hofmann and Mark Schieweck on the subject: Legal consequences in dealing with the "Internet of Things" (IoT).
Cloud-Slam @ Più Europaallee, Zurich
Under the motto «Cloud-Slam», the experts of sieber&partners met the lawyers of LAUX LAWYERS AG on 19 September. In addition to evergreens such as the "US Cloud Act" and the "GDPR", the question of over-reliance on a provider and the technical possibilities of reversing a cloud project were in the foreground.