Between 15 May 2024 and 15 July 2024, the Swiss Financial Market Supervisory Authority FINMA (FINMA) held a public consultation on a new circular on the rules of conduct under the Financial Services Act (FinSA). The circular is expected to enter into force in early 2025. This article outlines and critically evaluates some of the key aspects of the draft circular.

By Manuel Baschung / Fabrice Eckert / Philipp Klein (Reference: CapLaw-2024-34)