On 25 September 2020, the Parliament adopted the “Federal Act on the Adaptation of Federal Law to Developments in the Technology of Distributed Electronic Registers.” With this law, various federal laws are selectively adapted, enabling Switzerland to continue to distinguish itself as a leading, innovative and sustainable location for projects in the field of blockchain or distributed ledger technology (DLT). The associated ordinance is currently in the consultation phase until 2 February 2021.
Yves Mauchle is an associate in Baker McKenzie’s Corporate Finance Practice Area in Zurich. He joined the Firm in 2011 as a trainee lawyer and later rejoined as an associate. Prior to his return, Yves worked as an associate lecturer and research assistant at the University of Zurich, where he was a member of the University Research Priority Program "Financial Market Regulation." He was awarded the Professor Walther Hug Prize and the Issekutz Prize for his dissertation in the field of bank resolution. He completed a four-month full-time secondment with UBS, further developing his knowledge in the areas of bank regulation and capital markets.