Supplement to the Announcement of May 28, 2026
In its (partial) decision dated August 12, 2026, the FMA Appeals Commission ruled on the appeal filed by TGI AG against the FMA’s order to revoke the suspensive effect. In doing so, the appeal was granted suspensive effect exclusively with respect to the order regarding the continued retention of deposits received in connection with the “Customer Basic 2%,” “Sales Premium,” and “Sofortrabatt” products.
The decision concerns only the provisional enforceability of this order. No ruling was made on its substantive legality; this remains the subject of the proceedings, which are still pending and have not yet been conclusively resolved.
In all other respects, the measures ordered by the FMA remain in full force. This applies in particular to the order to immediately cease the distribution and public offering of the aforementioned products.
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