Switzerland

• Lawful basis for processing personal data of EU residents
• Data subject rights: access, rectification, erasure, portability, objection
• Data Protection Impact Assessments (DPIAs) for high-risk processing
• +4 more requirements

Switzerland has proposed a new Federal Act on Sustainable Corporate Governance that would introduce sustainability reporting aligned with ESRS for companies with ≥1,000 employees and CHF450M revenue, and due diligence obligations for larger firms with ≥5,000 employees and CHF1.5B revenue. This updates existing Swiss regulations to align with EU frameworks like CSRD and CSDDD, affecting approximately 130 companies total.