Terms and Conditions
These Terms and Conditions apply to the use of the BDO Digital Regulatory Monitoring (hereinafter ‘Regulatory Monitoring’) of BDO Ltd, Schiffbaustrasse 2, CH-8005 Zurich (hereinafter ‘BDO’).
Declaration of consent
By accessing Regulatory Monitoring for the first time, you declare that you have understood and agree to the Terms and Conditions.
The Regulatory Monitoring contains an overview of important regulations that have recently come into force in national and (insofar as they have a significant impact on Switzerland) international financial market law, as well as of pending regulatory projects. The overview represents a selection resp. excerpt of enactments and projects that are currently of particular importance in BDO's view. The regulatory monitoring does not take into account all laws that have already entered into force and pending regulatory projects. Simplifications are possible. Therefore, the original legal bases always apply.
The assessment of the relevance and the possible need for action is made without examination and clarification of the current status or advice from BDO on the basis of the information that the user has provided for his financial institution in the Regulatory Monitoring questionnaire.
Topics for which important transition periods or the entry into force of new regulations are imminent naturally show an increased (possible) need for action. However, this does not mean that there is a de facto need for action and/or that the current implementation status of the user or its financial institution is insufficient or inadequate.
Access and restrictions
Regulatory Monitoring is aimed at financial institutions domiciled in Switzerland that have concluded a contract with BDO for the use of Regulatory Monitoring. The provision of access to third parties or their employees or the creation of new access for third parties or their employees is prohibited. BDO may block or delete access at any time without giving reasons.
The Regulatory Monitoring is for information purposes only and does not constitute professional legal, tax or other advice of a general or specific nature. The information and assessments provided on the relevance and possible need for action of the regulations do not take into account the objectives, financial situation, needs or other general or specific information of the users or their financial institutions; users and their financial institutions should therefore not act on the basis of the information and assessments provided without first seeking professional advice.
Disclaimer of warranty and liability
BDO exercises the customary due diligence in the preparation of the Regulatory Monitoring and all information and utilisation options contained therein.
To the extent permitted by law, BDO does not warrant the currentness, correctness, accuracy or completeness of the information provided and disclaims any liability for direct and/or indirect damages, consequential damages, loss of data, availability and loss of profits arising out of the use of the Regulatory Monitoring and/or resulting from any action or omission to act taken in reliance on the information, assessments and functionalities provided in the Regulatory Monitoring and decisions based thereon.
BDO further disclaims any warranty that access to Regulatory Monitoring or individual functions will be uninterrupted or error-free, that errors will be corrected or that no viruses or other harmful components will be transmitted during use. Furthermore, BDO does not warrant that Regulatory Monitoring is compatible with any hardware or software.
Reservation of all intellectual property rights
The Regulatory Monitoring is protected by intellectual property rights and belongs to BDO or third parties. Without the express written consent of BDO, it is prohibited to systematically retrieve Regulatory Monitoring content in order to directly or indirectly compile collections, databases or directories and/or make them available to third parties.
By using Regulatory Monitoring, you agree that BDO may use the information collected in the course of using Regulatory Monitoring to improve current and future services as well as to submit (service) offers and for advertising purposes in accordance with applicable data protection law.
Links to other websites
Regulatory Monitoring may contain third-party content or links to third-party websites. Such links are provided for information and user convenience. The websites of third parties are completely beyond the influence of BDO. BDO therefore accepts no guarantee, responsibility or liability whatsoever for the accuracy, quality, completeness and legality of the content or for the availability of the websites or any offers and services contained therein. Users establish connections to these websites at their own risk.
Subject to change
The Terms and Conditions, legal notices and all information and functionalities reproduced may be updated, amended or deleted without prior notice. We expressly reserve the right to change these Terms and Conditions at any time. By using the Regulatory Monitoring, you agree to the currently valid Terms and Conditions.
Applicable law and place of jurisdiction
These Terms and Conditions are governed by Swiss law. The exclusive place of jurisdiction is Zurich.
If any provision of these Terms and Conditions is found to be invalid or unenforceable in whole or in part, or becomes invalid or unenforceable as a result of changes in legislation, the remaining Terms and Conditions and the validity of the Terms and Conditions as a whole shall not be affected.