CapLaw-2018-65

  • Supervision of Portfolio Managers and Trustees

    Under current Swiss law, portfolio managers and trustees are not subject to a comprehensive prudential supervision, a situation that will change under the recently passed new Financial Institutions Act (FinIA). After the Swiss parliament passed the new legislation in June 2018, the Swiss Federal Department of Finance released its draft implementing ordinance (Draft-FinIO) for consultation….

    By

    Patrick Schleiffer

    /

    Patrick Schärli

    Reference:
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