Disbarment: Individual imputability of a breach of supervisory law

To date, there is only a sparse body of case law on the imposition of prohibitions within the meaning of Art. 33 FINMASA. In its ruling 2C_192/2019 of 11 March 2020, the Federal Supreme Court upheld an appeal by FINMA against the contested ruling of the Federal Administrative Court and thus protected the two-year ban imposed by FINMA on a general council of a bank within the meaning of Art. 33 FINMASA.

Corporate Law, Company LawGuest author5 May 2020Wicki Partners AGAMLA, supervisory law, FINMA