Churning: practical guidelines for portfolio managers

Churning has been in the news following a ruling in a criminal case rendered by the Swiss Supreme Court in 2024. In this ruling, our High Court established objective criteria for determining the existence of churning.

Churning objectivity: some useful parameters

In private law, churning is not a defined term, and the question of when an asset manager engages in behaviour that constitutes churning depends on several factors.

FBT Avocats SA is delighted to announce its recognition as a Leading Firm in the Banking and Finance, Private Client, and Tax categories in the 2024 edition of Legal 500 EMEA

Congratulations to our dedicated team! We extend our gratitude to our clients for their recommendations and testimonials.