CapLaw-2019-58

  • Supervision of Portfolio Managers and Trustees

    Under the new Financial Institutions Act (FinIA) entering into force on 1 January 2020, portfolio managers and trustees will have to apply for a license with the Swiss Financial Market Supervisory Authority (FINMA) and become subject to ongoing prudential supervision by new supervisory organizations (SO). After the Swiss parliament passed the new legislation in June…

    By

    Patrick Schleiffer

    /

    Ramona von Riedmatten

    Reference:
    Read more: Supervision of Portfolio Managers and Trustees