Almost to the day three years after the Federal Council first published the draft bill to revise the Swiss Data Protection Act (FADP), the Parliament was finally able to agree on a new law.

On 10 September 2020, the second chamber of the parliament adopted an amending act to further improve Switzerland’s framework conditions for distributed ledger technology (DLT)/blockchain companies.

Swiss data protection legislation guarantees the security and protection of personal data, especially when exchanging data with foreign countries. For data transfers from Switzerland to the USA, it was previously possible to obtain certification under the CH-US Privacy Shield, thus ensuring a partially adequate level of data protection for data processed in the USA.