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Finma has returned the keys to Juliette Bülowius's Supernova restaurant in Bern after initially seizing them, claiming the rental agreement was invalid. Following a legal review, the restaurant opened successfully, marking a turnaround for both Bülowius and the luxury apartment platform Le Bijou, which has resumed operations. Finma's actions are part of ongoing enforcement proceedings against the Moonshot investment network.
Juliette Bülowius is set to open the Supernova pop-up restaurant in Bern, defying Finma after the authority's representative seized the keys from her due to alleged unlawful subletting linked to the Moonshot platform. Despite the pressure, Bülowius insists her rental contract is valid and has prepared for the opening, with staff ready to serve. Finma recently allowed the resumption of activities for the apartment rental company Le Bijou, which is connected to the ongoing investigation.
The Swiss Financial Market Supervisory Authority (Finma) has initiated enforcement proceedings against ten interlinked companies, including Moonshot and luxury apartment landlord Le Bijou, due to suspicions of illegal financial activities without necessary licenses. Finma"s investigation revealed unclear financial situations and a lack of up-to-date accounts for the companies involved. Additionally, the authority ordered the closure of the Supernova restaurant in Bern, citing concerns over the legality of its financing and the absence of a formal rental agreement between the restaurant operator and the property owner.
FINMA is intensifying its crackdown on the investor network Moonshot, apartment broker Le Bijou, and a Bernese restaurant, raising concerns about the proportionality of its actions. The authority seeks expanded powers, including the ability to impose fines and conduct more on-site inspections, following its perceived failures during the Credit Suisse collapse. Critics argue that its aggressive interventions, which have halted operations and led to financial ruin for several companies, highlight the need for stricter oversight of FINMA"s own activities.
Le Bijou, Rouiller-Mouelhi
Companies
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