Phantom Stocks – die schnelle und un­kom­plizierte Mit­arbeiter­beteiligungs­lö­sung für Start-ups

The planned revision of the Financial Institutions Act (FINIG), which is expected to come into force in 2027, provides for the introduction of two new licence categories for payment institutions and crypto institutions. These consist of crypto-loans, which enable the development and harmonisation of tokenisation standards through new asset classes, and crypto-derivatives. As part of the revision, other financial market laws – namely the FIDLEG, the AMLA, the FINMAG and the FinfraG – are also to be amended.

A police stop (police power to stop) is a key tool used by the police to investigate criminal offences. It serves to establish any possible link between the person stopped and a criminal offence. The legal basis for this is set out in the Swiss Criminal Procedure Code (StPO), specifically in Art. 215 StPO. Unlike arrest under Art. 217 et seq. StPO, which is only permissible in relation to suspects, police detention does not require any specific suspicion of a crime. Furthermore, police detention must be distinguished from public security measures (such as identity checks in border areas), which serve to avert danger and maintain security and order, rather than to investigate a criminal offence. Such police checks are subject to cantonal legislation.

With the partial revision of the Anti-Money Laundering Act adopted on September 26, 2025, Switzerland is expanding the scope of application of anti-money laundering regulations. Certain professional consulting activities in connection with real estate transactions may now also fall under the scope of the law.
This may affect real estate agents and consultants who are involved in real estate transactions in particular.