Finances

20 January 2023

Director’s liability under Swiss corporate law

Author: Lawyer Enrico Germano. The Federal Act on the Amendment of the Swiss Civil Code (Part Five: The Code of Obligations, hereafter CO) states that “the members of the board ...

4 October 2022

The offence of coercion in the issuance of an unlawful summons for payment

Author: Lawyer Enrico Germano The offence of coercion is provided for in Article 181 of the Swiss Criminal Code (hereinafter CP) and states that “Any person who, by the use ...

2 September 2022

The high net worth individual: the so-called rich or deemed rich

Author: Lawyer Enrico Germano In finance, a high net worth individual (HNWI-High Net Worth Individual) is a person who has about USD 1 million (at today’s exchange rate about CHF ...