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Read more: Position Paper regarding selected Aspects of the Financial Services Act (FinSA)
Position Paper regarding selected Aspects of the Financial Services Act (FinSA)
With the entry into force of the Swiss Financial Services Act (FinSA) as of 1 January 2020, new regulatory duties and requirements for Swiss and foreign financial service providers which are active in Switzerland or serve Swiss clients proactively on a cross-border basis were introduced. However, the practical application of the new law revealed that…
Reference: CapLaw-2021-30