Is our specialisation in enforcing claims for reimbursement against Swiss banks and/or asset managers who generated additional income from your assets through so-called distribution commissions.
The basis for claims
Is a decision by the Swiss Federal Supreme Court dated 30 October 2012: trailer fees or distribution commissions belong to the client if there is or was an intrinsic relationship between the payment and the asset management agreement. The surrender obligation also applies to intragroup payments (Source: FINMA Newsletter 41/2012).
Private and institutional investors whose assets were administered by a Swiss bank or managed on the basis of an advisory mandate
Private and institutional investors whose assets were managed by a Swiss asset manager
Tax advisory and law firms who have made voluntary delayed or subsequent declarations of foreign assets for their clients