Switzerland: Data Protection

Advestra's legal team, including Prof. Dr. Rashid Bahar, Dr. Sandro Fehlmann, Angelika Kremer, and Dr. Fabian Loretan, provides insights on critical regulatory developments affecting Swiss financial institutions. The firm examines disclosure requirements under the Federal Act on Data Protection (FADP) for internal investigation reports and analyzes proposed amendments to Banking Act regulations concerning systemically important banks.

As artificial intelligence becomes embedded in everyday service delivery across consulting, development, outsourcing, and professional services, suppliers are routinely using AI tools to process client data and generate work product—often without any contractual framework governing how.

To strengthen protections for consumers buying online, the EU has introduced new requirements that make it simpler to cancel (withdraw from) online consumer contracts.