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Federal Act
on Private International Law
(PILA)

Art. 108d

IV. For­eign de­cisions

 

For­eign de­cisions re­gard­ing in­ter­me­di­ated se­cur­it­ies are re­cog­nised in Switzer­land:

a.
if they were rendered in the state of the de­fend­ant’s dom­i­cile or ha­bitu­al res­id­ence; or
b.
if they were rendered in the state of the de­fend­ant’s es­tab­lish­ment and they con­cern claims re­lated to the op­er­a­tions of this es­tab­lish­ment.