Latest updates

Swiss financial market infrastructure regulation – revised reporting duties
Meyerlustenberger Lachenal
  • Switzerland
  • 28 November 2018

The Federal Council recently agreed to push back the effective date for derivative transaction reporting duties for small non-financial counterparties to 1 January 2024 and extend the corresponding transitional period. The corresponding amendment to the Financial Market Infrastructure Ordinance will enter into force on 1 January 2019. The reporting duties already in force for other market participants are unaffected.

Mitigating counterparty credit risk in the OTC derivatives market
Meyerlustenberger Lachenal
  • Switzerland
  • 21 September 2011

Except for some regulated entities, market participants are in general free to assume unlimited counterparty risk at their discretion, whether under over-the-counter derivative transactions or otherwise. Collateralisation is a useful means of significantly reducing counterparty risk, although it cannot fully eliminate any remaining credit risks relating to the counterparty.

Meyerlustenberger Lachenal
Meyerlustenberger Lachenal