Rare Decays and CP Violation in the Bs System

CP-violating phenomena and rare decays of B⁰s mesons offer interesting probes to test the quark-flavor sector of the Standard Model. In view of the many new results reported, in particular from the Large Hadron Collider, this topic received a great deal of attention in 2012. We provide an overview of the most recent experimental results and new theoretical developments, and we discuss the prospects for future exploration of the B⁰s meson system.