Niederer Kraft Frey updates

New stock exchange directive on use of alternative performance measures
Niederer Kraft Frey
  • Capital Markets
  • Switzerland
  • June 26 2018

The SIX Group Regulatory Board recently published a new directive on the use of alternative performance measures. The directive applies to all issuers whose equity securities are listed on the SIX Swiss Exchange and whose registered offices are in Switzerland. Issuers whose registered office is not in Switzerland also fall within the scope of the directive if their equity securities are listed on the SIX Swiss Exchange, but not in their home country.

New Swiss prospectus regime in the making
Niederer Kraft Frey
  • Capital Markets
  • Switzerland
  • May 15 2018

As part of Switzerland's efforts to meet EU equivalence requirements, the Swiss legislature is working on a new federal Financial Services Act. Under the act, which may enter into force as early as mid-2019, a comprehensive and harmonised prospectus regime will be introduced and will be applicable to all public offerings of financial instruments and all securities admitted to trading on a trading platform in Switzerland.

Current search