On 5 September 2013, the Swiss Financial Market Supervisory Authority FINMA (FINMA) published the definitive version of its fully revised “Market Conduct Rules” Circular. The Circular sets out specific details of FINMA’s supervisory practices in combating market abuse and will enter into force on 1 October 2013. The new legislation underlying this Circular has been discussed in CapLaw 2013-9, and the editors of CapLaw expect to publish a discussion of the new Circular in one of the next releases of CapLaw.
(Reference: CapLaw-2013-31)