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24/10/2024
On the Pulse webinar series 2024 - Autumn
Welcome to the Autumn part of the 2024 On the Pulse webinar series.  This webinar series brings you updates on the latest legal and commercial developments in the life sciences & healthcare sector from around the world. We will be hosting webinars on:EU Health Data Space - 24 OctoberCyber Breach Preparedness and Response for the Life Sciences & Healthcare Sector - 26 NovemberThe webinars will be one hour in length with a 15-minute Q&A session.
04/10/2024
A week in the world of ESG
A lot can happen over the course of a week in the world of ESG. Since Wednesday 25 September 2024, there have been several important developments in Europe and the US and, while we don’t claim to cover...
04/10/2024
The EU Deforestation Regulation: deferred application, updated guidance...
On 2 October 2024, the European Commission published a proposal for a new legislative act which would defer the application of the recently adopted EU Deforestation Regulation (EUDR) by 12 months, citing...
04/10/2024
Cannabis law and legislation in Switzerland
Medical use As of 1 August 2022, the Swiss Federal Narcotics Act was amended to allow the use of cannabis for medical purposes. The amended narcotics law allows cannabis to be cultivated, processed, traded...
03/10/2024
The Venture Capital Review by Lexology, In-Depth: Venture Capital Law is...
The 4th edition of the Venture Capital Review by Lexology, In-Depth: Venture Capital Law (formerly The Venture Capital Law Review), is now available online. You can access it via the following link: Lexology – In-Depth: Venture Capital Law. Our Partners at CMS Geneva, Jérôme Levrat and Vaïk Müller, have co-authored the Switzerland chapter for the fourth consecutive edition. This chapter offers an in-depth analysis of the Swiss venture capital and start-up landscape, along with expert commentary on the latest legislative developments in the field.
02/10/2024
Taskforce on Inequality and Social-related Financial Disclosures launched
On 23 September 2024, the Taskforce on Inequality and Social-related Financial Disclosures (“TISFD”) was launched.The TISFD, which has been launched to bring attention to the financial risks presented...
27/09/2024
Loss of property rights to converted bearer shares - Action required until...
Until 31 October 2024 (former) holders of bearer shares in Swiss stock corporations are requested to assert their property rights to bearer shares which were automatically converted into registered shares on 1 May 2021, by submitting an application to the competent court. Without such an application, the shares will become null and void by law as of 1 November 2024 and will be replaced by treasury shares. The following article provides a brief overview of the recent developments concerning the automatic conversion of bearer shares into registered shares and highlights the significant legal impact of their potential nullification as well as the resulting consequences for the shareholders of the converted bearer shares.
27/09/2024
Regulations on sexual harassment in the workplace in Switzerland
1. Please describe whether there is any legal regulation (laws or collective bargaining agreements) or other measures in this jurisdiction which prohibit sexual harassment in the workplace, and since...
Comparable
25/09/2024
10 years of the CMS Network Sharing Study
Join us as we launch the latest update to the CMS Network Sharing Study where we will reflect on 10 years of the study and the key changes which have taken place during this time.  The fifth edition of this study looks at over 75 network shares in 46 markets since May 2021.  We have seen how policy, regulation, competition, structures and financing are evolving across jurisdictions. Many of the network sharing opportunities available have now been taken and there has been a reduction in regulatory scrutiny across Western Europe which is potentially a result of greater investment in network in­fra­struc­ture.  Dur­ing our launch webinar, we will hear from special guest speakers, Oliver Bradley from Macquarie Group, Karim Taga from Arthur D. Little and Luiz Felippe Zoghbi from from GSMA who will share insights into their roles within the digital infrastructure ecosystem.   Oliver Bradley is Global Head of Digital Infrastructure Investments at Macquarie Capital, responsible for Digital Infrastructure Investments within the Infrastructure and Energy Capital division of Macquarie Cap­it­al.  Karim Taga is the Managing Partner of Arthur D. Little Austria and Global Head of Functional Practices at ADL. He has 25+ years of experience with ADL in the tele­com­mu­nic­a­tion area, including leading the Global TIME practice for over 12 years. The discussion will be chaired by Dora Petranyi, Co-Head of the TMC group and Chris Watson, Chairman of the TMC group. We will also hear insights on anticipated developments in the Network Sharing space from Anne Chitan, Partner at CMS UK and Javier Torre de Silva, Partner at CMS Spain and Anne and Javier are also Co-Heads of the global Communications Subgroup at CMS.  We look forward to you joining us to hear the latest in Network Sharing deals and upcoming trends. There will be an opportunity to put your questions to the speakers so please do bring these to the session.
25/09/2024
CMS Network Sharing 5: Celebrating 10 years of the Network Sharing Study
For the last 10 years we have been following the evolution of network sharing in the telecom industry. This fifth edition continues our study of how companies in the sector use network sharing to save costs and rationalise services. For this edition, the CMS Network Sharing Study not only gathers all factual information about 76 network sharing deals that have been closed from May 2021 in 46 different jurisdictions worldwide, and the differences among them: it also includes interviews with some of the main actors, such as American Tower, Macquarie Capital and Totem Towers, as well as papers from experts regarding topics such as tele­com­mu­nic­a­tions network financing, foreign direct investment, competition Law, 5G, towers and fibre. As a testament to the creativity of the industry, network sharing has slowly shifted.  Sharing through agreements have given place -in some cases- to sharing through incorporated companies.  B-lateral deals do still exist but neutral host networks, serving all operators in the market, are now the main protagonists through which networks are effectively shared by multiple operators. The digital revolution during the last 20 years has required and is still requiring vast investment in access networks including optical fibre, towers and other assets (now satellites): this comes at a cost.  In some cases the traditional telcos couldn’t monetise their investments (perhaps due, in Europe, to excessive regulation). As a result, indebted companies were in need to sell and/or share their infrastructures, sometimes to investment funds that had no ambition to compete in the provision of services and created independent NetCos  offering wholesale services - the US towers market being one example, with 90% of towers controlled by independent TowerCos while in Europe we have seen FibreCos coming to shake up the FTTH build. The time when each operator owned (and financed) the network it used has long passed. Competition in services remains, but now competition in infrastructures (in parallel with competition between different infrastructures) may be the next future. Globalisation has also arrived in network sharing, with growing protagonism in Latin America (the topic of special focus in the Study) and Africa as well as South-East Asia.  South America has seen a large amount of activity and the 5th edition of the study is doing a spotlight on the deals seen in the region. Interestingly, the existence of network slicing in 5G could give the lead again to telecom operators, as it will allow them to create virtual networks, to be offered either to smaller operators or to companies wanting to have their own independent, private and dedicated slice of a network, in a cloud-style net­work-as-a-ser­vice new pattern. The rise of satellite services in the coming years will also create the need for an enhanced spectrum sharing. Satellite will also be a growing infrastructure competing with towers and other access networks. So whilst we reflect on changes and trends since the last few years, our eyes are also turned towards the future and how the industry will adapt and find news ways to share.
25/09/2024
Whistleblower protection and reporting channels in Switzerland
1. Is there a law on whistleblowing in your country? In Switzerland, there is no explicit law on whistleblowing. In 2020, the proposal of the Federal Council for Legislation on Whistleblowing was rejected...
Comparable
24/09/2024
Priority entitlement: the EPO implements the new “rebuttable pre­sump­tion”...
In recent Technical Board of Appeal decision T 2360/19, the Board considered the validity of priority claims following the Enlarged Board of Appeal consolidated decision G 1/22 and G 2/22.The opposed...