Kommentar zum Finanzdienstleistungsgesetz FIDLEG

The Swiss Financial Services Act (FIDLEG) came into effect on January 1, 2020. This work is the first comprehensive commentary on this new law. FIDLEG includes numerous regulatory innovations, such as customer segmentation, extensive regulations on conduct obligations at the point of sale, detailed organizational duties, and the registration requirement for customer advisors. The prospectus law has also been completely revised, adapted to current standards, and supplemented with the introduction of the key information document. Financial service providers are also required to connect to an ombudsman office. A distinguished authorship from practice and academia critically and thoroughly addresses the law, the associated regulations, and industry rules, as well as references to relevant contract and liability law. The commentaries include comparative legal insights. This inaugural work presents the numerous innovations in detail and clearly. The commentators highlight the current state of case law and scholarship and provide practical solutions. The commentary is published in the same series as those on FINIG (2021) and FinfraG (2017).