presentations - Lalive

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presentations - Lalive

I. C. FINMA Guidelines on Asset Management (Circular 2009/1)

• Asset management agreement must indicate who is entitled to

the retrocessions (asset manager or client)

• Disclosure of any conflict of interest possibly resulting from

retrocessions

• Disclosure of how to determine retrocessions

► Calculation parameters; or

► Proportion of amounts involved (differentiation / various

product classes)

6

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