Tag "Federal Council"

COVID19: Liquidity Support for Startups up and Running

On 22 April 2020, the Federal Council agreed a guarantee scheme to support promising startups encountering liquidity problems caused by the coronavirus. The government-accredited loan guarantee organisations facilitate access to bank loans for startups. The State Secretariat for Economic Affairs

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Swiss SME’s can Apply for a 0.00% Five Year Credit: Fully Secured by Swiss Government

During its extraordinary meeting on 25 March 2020, the Federal Council addressed the issue of liquidity assistance for SMEs, which should have rapid access to credit facilities to bridge liquidity shortfalls caused by the new coronavirus pandemic. Companies are advised

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Swiss Government Mulling a More Relaxed Blockchain Regulation

The Swiss Federal Council initiated consultation recently to adopt a more blockchain friendly federal law. They emphasized that they want to create the best possible framework to further cement Switzerland as a leading hub for fintech and blockchain companies. The

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Switzerland wants to Improve Framework Conditions for Blockchain

During its meeting on 7 December 2018, the Federal Council adopted a report on the legal framework for blockchain and distributed ledger technology (DLT) in the financial sector. The report shows that Switzerland’s legal framework is well suited to dealing

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Swiss Federal Council Adopts Implementing Provisions for Fintech Authorisation

From 1 January 2019, companies that operate beyond the core activities characteristic of banks will be able to accept public funds of up to a maximum of CHF 100 million on a professional basis subject to simplified requirements. During its

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Federal Council Wishes to Allow FinTech Innovation

Bern, 20.04.2016 – During its meeting today, the Federal Council instructed the Federal Department of Finance (FDF) to examine the need for regulatory action in the innovative financial technology (FinTech innovation) area. At the same time, it reiterated that the

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