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Federal Act on the Freezing and the Restitution of Illicit Assets held by Foreign Politically Exposed Persons (Foreign Illicit Assets Act, FIAA)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
of 18 December 2015 (Status as of 1 July 2016)
Art. 16Rights of third parties
Assets may not be confiscated in the following cases:
a.
rights thereto are asserted by a Swiss authority;
b.
a person who is not a close associate of the foreign politically exposed person in question has acquired, in good faith, rights in rem on those assets:
1.
in Switzerland, or
2.
in another country, provided that those rights have been affirmed in a judicial decision which can be recognised in Switzerland.