We keep moving

New Address of the Zug Office

The Zug-based MME office will move to Gubelstrasse 22 on May 6, 2019 - just a stone's throw away from the old office. The new location is centrally located, in the immediate vicinity of the railway station, and very easily accessible for our clients and colleagues.

The MME team will continue to provide you with creative, straightforward and comprehensive legal, tax and compliance advice - in Switzerland and internationally.

We look forward to seeing you soon in our new offices. You can reach the Zug office directly on +41 44 726 99 66.

 

 

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In need of legal, tax or compliance advice? We look forward to contacting you.

From the magazine

Consequences of Brexit

The United Kingdom left the European Union on 31 January 2020. Three years after the decision of the British people to leave the union of states, the orderly EU withdrawal is now final. In a transition period, which for the time being will last until 31 December 2020, negotiations between the EU and the United Kingdom on future contractual agreements are now taking place. This period can be extended for a maximum of two years. Until then, the United Kingdom is treated as an EU member state, and the Agreement on the Free Movement of Persons (AFMP) between Switzerland and the EU will remain in force for the duration of this transition period. Therefore, with respect to the previous residence and immigration regime, the question will arise as to whether and how nationals of both countries can acquire or maintain their rights according to the AFMP.

Portfolio transfer/asset transfer

The ongoing phase of low interest rates and the stricter capitalization requirements of the Swiss Solvency Test (SST) mean that insurers are increasingly combing their portfolios for unprofitable or capital-intensive business and, as a result, are no longer writing the unviable business (run-off). In order to reduce the technical provisions on the books, the active reduction of run-off portfolios is becoming increasingly popular. This can be done by transferring a company, a portfolio or assets. In doing so, the run-off portfolio is finally settled for the transferring insurer. Another possibility is the (retrospective) reinsurance (commutation) of the business, a purely balance sheet-related adjustment of the run-off portfolio. In the following, portfolio transfer and asset transfer will be dealt with in more detail.

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Publications

  • Dr. Jonatan Baier,

    Stefanie Fuchs

    Risiken und Nebenwirkungen bei Gesundheits-Apps

    PDF

  • Dr. Andreas Glarner,

    Dr. Alexandra Körner

    Schweizer Glücksspielrecht

    PDF

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