The regulatory burden for finance companies has significantly increased over the past few years. This is particularly challenging for smaller and medium-sized players.
We have developed a compliance package customizable to your individual needs that we can offer at attractive pricing. It contains on-site visits, trainings and telephone support from our experts.
5. August 2021
FIDLEG AND FINIG
The legislative package of the Financial Services Act („FINSA“) and the Financial Institutions Act („FINIA“) has come into force on 1 January 2020. FINSA primarily aims to improve client protection in the provision of financial services and the offering of financial instruments. FINSA has a large impact and affects banks and fund managers as well as independent asset managers and even investment advisors. FINIA on the other hand regulates the requirements for the FINMA-licensing of independent asset managers, trustees, managers of collective assets and fund management companies as well as investment firms.