INSURANCE
Insurance companies are challenged by new and increasingly complex legal and regulatory requirements.
In addition to complying with Swiss regulatory standards such as the Swiss Solvency Test SST and enhanced consumer protection rules, internationally active insurers have a growing need to deal with foreign regulations (e.g. Solvency II, IMD, MiFID, FATCA).
Against this background, insurance companies have to continuously assess their strategies and business processes. Comprehensive analysis and pro-active implementation of required changes are key factors to future success.
With our highly qualified staff and our broad experience, we help you analyze and efficiently implement the ever increasing legal and regulatory standards.
OUR SERVICES INCLUDE:
- Legal and regulatory advice on industry-specific topics, e.g. in relation to licensing requirements, ISA and ICA, equity requirements and investment guidelines, cross-border issues, prevention of money laundering, duties of disclosure
- License applications (FINMA) for commencement or changes of operations
- Representation of interests before supervisory authorities
- Support of the internal audit department in complex matters or specific areas
- Assessment of compliance risks and existing compliance processes
- Performance of ongoing compliance activities in an outsourcing arrangement
- Assessment of the risk management system
- Drafting of internal regulations and guidelines
- Drafting of industry-specific contracts such as general terms of insurance or distribution agreements
- Performance of legal and regulatory due diligences
- Preparation and performance of training sessions on insurance law matters
It is our goal to provide intelligent and practical solutions to complex issues at competitive pricing. We are looking forward to you contacting us!
