FinfraG / Start of reporting obligation for NFC-s postponed

In a battle between FINMA and ESMA for very interesting decisions, FINMA is currently in the lead.

While most of the Swiss corporates have already started to get ready for the reporting obligation under FinfraG, FINMA has decided to postpone the start of the reporting obligation to January 1, 2019.

Good news for those not having done anything yet, bad news for those who did (which to our knowledge is the majority of Swiss corporates).

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