SWITZERLAND Trends and Developments Contributed by: Kilian Schärli, Reto Luthiger, Andrea Trost and Diana Lafita, MLL Legal
oped to help implement the AI Convention. A draft law is expected in 2026. • Switzerland will implement the OECD’s Crypto-Asset Reporting Framework (CARF) from 1 January 2026, requiring crypto service providers to report non-Swiss clients to the Swiss Federal Tax Administration (SFTA). • The State Secretariat for International Finance (SIF) is currently reviewing Switzerland’s fin - tech architecture and discussing topics such as whether crypto and payment regulations shall be amended, and whether the sandbox and the fintech licence shall continue to exist in their current form. In summary, Switzerland’s fintech landscape is characterised by its innovative regulatory frame - work, robust digital infrastructure and collabora - tive ecosystem that fosters growth and develop - ment in the financial services sector.
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