Swiss Chinese Law Association — Geneva
SCLA Legal Observatory
Follow legal developments in China, Switzerland and the European Union. Understand what has changed, who may be affected and why it matters for cross-border cooperation, responsible business and public rights. Every explanation connects you to its original sources.
Topic: Finance and Payments · show all topics
On 15 October 2026, the UN Sanctions Committee updated its sanctions list concerning ISIL (Da'esh) and Al-Qaida. Directly applicable in Switzerland, SECO updated its SESAM database on 16 October 2026, requiring financial intermediaries to…
Rules in force16 October 2026
The European Securities and Markets Authority (ESMA) has finalised the regulatory framework for the EU's switch to a T+1 settlement cycle on 11 October 2027. Investment firms and clients face an initial compliance deadline…
Regulatory guidance16 October 2026
The Hong Kong SAR Government has gazetted the Commencement Notice for the Mandatory Provident Fund Schemes (General) (Amendment) Regulation 2025, designating December 21, 2026, as the operational date for Phase One of MPF 'Full…
Adopted legislation16 October 2026
FINMA CEO Stefan Walter detailed the authority's cross-divisional, risk-based supervisory strategy for Swiss asset and wealth managers, emphasising guidance on individual portfolio management, product suitability, conflict-of-interest controls, and outsourcing risks.
Regulatory guidance15 October 2026
In a written reply to the Legislative Council on October 14, 2026, Hong Kong SAR Secretary for Financial Services and the Treasury Christopher Hui detailed the issuance results, allocation methodology, and historical redemption metrics…
Regulatory guidance14 October 2026
The European Banking Authority has designated USDC, issued by Circle Internet Financial Europe SAS, as the first significant e-money token under MiCA, establishing a dual supervision framework with France's ACPR effective 12 November 2026.
Rules in force14 October 2026
The Chief Executive in Council of Hong Kong SAR has made six statutory Orders under the Inland Revenue Ordinance (Cap. 112) to implement Comprehensive Avoidance of Double Taxation Agreements with Barbados, Jordan, the Kyrgyz…
Adopted legislation14 October 2026
In a Legislative Council reply, the Secretary for Financial Services and the Treasury of Hong Kong SAR detailed the statutory framework, financial transaction monitoring requirements, and law enforcement strategies used to counter illegal online…
Rules in force14 October 2026
The Financial Services and the Treasury Bureau welcomed the issuance of Hong Kong's first insurance-linked securities sidecar by PICC P&C, providing US$12 million in quota share reinsurance protection for offshore windfarms on the Chinese…
Rules in force14 October 2026
The Joint Committee of the European Supervisory Authorities (EBA, EIOPA, and ESMA) has released its Annual Work Programme for 2027, establishing cross-sectoral priorities that focus on digital operational resilience, artificial intelligence, sustainable finance, and…
Regulatory guidance13 October 2026
The European Banking Authority has published the final technical package for version 4.4 (Phase 1) of its reporting and Pillar 3 disclosure framework, covering IFRS 18 FINREP templates, ESG risk disclosures, and AMLA reporting…
Regulatory guidance12 October 2026
The European Banking Authority (EBA) has published a report proposing draft amendments to Regulatory Technical Standards (RTS) regarding prudential requirements for central securities depositories (CSDs) and designated credit institutions under the CSDR Refit framework.
Draft legislation12 October 2026
Market access, bilateral investment, company governance and cross-border transactions.
Imports, exports, tariffs, product rules and the movement of goods.
Financial regulation, payment systems and the protection of financial consumers.
Artificial intelligence, privacy, data transfers and digital responsibility.
Environmental rules, supply chains and the social responsibilities of business.
Creative work, brands, geographical indications and cultural knowledge.
Mediation, arbitration, court processes and the prevention of disputes.
Work, consumer protection and legal questions in daily and cross-border life.
We identify the jurisdiction, publication date and legal status of the developments we cover. Articles distinguish between proposals, adopted measures and rules in force. Where information changes, we update the article and record material corrections.
