Swiss parliament, Federal Council to launch new fund category exempt from authorisation
The Swiss parliament and Federal Council will launch a new category of fund that is exempt from authorisation on 1 March 2024.
The Swiss parliament and Federal Council will launch a new category of fund that is exempt from authorisation on 1 March 2024.
The Swiss Financial Market Supervisory Authority (FINMA) today published an update on the licensing of portfolio managers.
The Board of Directors of the Swiss Financial Market Supervisory Authority FINMA has appointed Stefan Walter as the authority’s new CEO.
The Swiss Financial Market Supervisory Authority (FINMA) today published guidance on staking services.
As at 30 June 2023, the Swiss Financial Market Supervisory Authority FINMA has granted 950 licences to portfolio managers and trustees.
The higher “too big to fail” capital requirements due to the progressive component will fully apply to UBS after an appropriate transitional period.
FINMA has concluded enforcement proceedings opened in May 2022 against the Dohrnii Foundation and its founder and former managing director.
The Resolution report does not take account of subsequent events, in particular the merger of UBS and Credit Suisse.
The Swiss FINMA explains the basis for the complete write-down of the nominal value of AT1 capital instruments issued by Credit Suisse.
The SNB and FINMA are pointing out that there are no indications of a direct risk of contagion for Swiss institutions.