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Jan Lusti

Jan Lusti is an associate in Baker McKenzie's Zurich office and a member of the Corporate Finance Practice Group. He graduated from the University of St. Gallen. Subsequently, he worked as a trainee lawyer for Baker McKenzie Zurich. He was admitted to the bar in 2021 and rejoined the Firm the same year.

SIX Exchange Regulation has revised certain regulations concerning ad hoc and management transaction disclosures. The new rules will enter into force on 1 February 2024. The updated regulations include, as the only substantive change concerning listed equity securities, management reporting obligations relating to transactions by related persons, even in cases where there is no direct involvement of a manager or board member in the transaction. The remainder of the amendment concerns a more granular description of how to report management transactions to the issuer.

In June 2020, the modernized Swiss company law (grosse Aktienrechtsrevision) was adopted after years of parliamentary discussion. The revision includes updated rules with respect to management compensation for listed companies. Furthermore, the Swiss Confederation adopted new rules on the disclosure of non-financial matters as well as minerals and metals from conflict areas and child labor.