Deadline Fast Approaching: Ensure The Distribution Of Your Fund Is FinSA-Compliant

      The deadline for the Swiss Financial Services Act (FinSA) is fast approaching and it’s important to ensure you are compliant by December 31, 2021.

      HOW TO ENSURE THE DISTRIBUTION OF YOUR FUND IS FINSA-COMPLIANT

      The Swiss Financial Services Act (FinSA) came into force on 1 January, 2020 and as a result, it changed the regulatory requirements concerned with offering investment funds to Swiss investors. The expanded requirements now include the following:

      • Affiliation to an ombudsman;
      • Registration of client advisors;
      • Professional insurance requirements;
      • New organizational rules;
      • New conduct rules; and
      • A new classification of investors
      DEADLINES

      Ombudsman:
      Dec 24, 2020

      Registration of client advisors: Jan 19, 2021

      Full FinSA compliance:
      Dec 31, 2021

      The obligations that apply to each provider will depend on the type of product being offered and one should note that there is a transition period with different deadlines to allow all financial service providers to be fully compliant with the new rules and regulations.

      Oligo provides clients with a comprehensive solution package to ensure full compliance with FinSA.

      READ MORE ABOUT OUR COMPREHENSIVE FINSA SOLUTION

       

      FINSA WORKSHOP WEBINAR

      Please join us for our FinSA workshop hosted by Matteo Risoldi, who will take you through the various steps of FinSA compliance together with answering some of the most commonly raised questions currently being seen from our clients and friends.

      Share
       Next post

      More like this

      Waystone Reaffirms Commitment to Hong Kong with Move to New Office in Financial District

      Waystone, a leading provider of specialist services to the global asset management industry, today announced that it has relocated its…
      Read more

      Private Markets 2.0 and the New Operating Model

      Private markets are entering a new phase where growth is no longer the challenge. Scaling with control is.
      Read more

      Why Scaling Private Credit Strategies Demands Greater Operational Control

      What began as an opportunistic strategy in the aftermath of the global financial crisis has evolved into a structurally significant…
      Read more

      AIFMD 2.0: Strengthening Europe’s Investment Framework for Managers, Asset Owners and Investors

      Directive (EU) 2024/927 (AIFMD 2.0) represents a meaningful evolution of Europe’s alternative investment and retail investment frameworks by amending the…
      Read more

      Waystone Supports Calamos’ Debut of World’s First Autocallable UCITS ETF for Investors Seeking High, Stable, Monthly Income

      - Launched via Waystone’s white label ETF platform, Calamos to list Autocallable Income UCITS ETF across Europe and Latin America…
      Read more

      Waystone Philippines Awarded Great Place to Work® Certification

      Waystone, a leading provider of specialist services to the global asset management industry, today announced that Waystone Philippines has been…
      Read more

      KraneShares Launches Public-Private AI ETF (AGIX) and Shariah-Compliant Income ETF (KWIN) on the Abu Dhabi Securities Exchange (ADX)

      Abu Dhabi, UAE (15 April 2026) – KraneShares, today announced the listing of two exchange traded funds (ETFs) – the…
      Read more
      Contact us