Implementation of FinSA and FinIA

As of 1 January 2020, asset managers and financial intermediaries in Switzerland will be subject to supervision for the first time and from this date new licensing requirements and supervisory regulations will apply:

• Duty to classify the clients
• Duties of conduct and duty to best execution
• Appropriateness and suitability check if providing asset management services respectively investment advisory services
• Increases duties of transparency and accountability
• Obligation to issue key information documents on services and products offered to clients
• Obligation to enter client advisers in the register of client advisers
• Registration to an ombudsman's office until 30 June 2020

fimPlatform supports its clients in complying with the new regulations, prepares the necessary documentation, makes the registrations and obtains all permits.