Steps to take when moving to Switzerland - Finance Valley Lake ...
Steps to take when moving to Switzerland - Finance Valley Lake ...
Steps to take when moving to Switzerland - Finance Valley Lake ...
Create successful ePaper yourself
Turn your PDF publications into a flip-book with our unique Google optimized e-Paper software.
Swiss CISA Act partial revision<br />
• Extends FINMA registration and regulation <strong>to</strong> include:<br />
– Swiss collective investment schemes and those who manage, hold in<br />
cus<strong>to</strong>dy or distribute them<br />
– People who manager distribute foreign collective investment schemes<br />
in <strong>Switzerland</strong> or from <strong>Switzerland</strong><br />
– Foreign collective investment schems which are distributed in<br />
<strong>Switzerland</strong> or from <strong>Switzerland</strong> <strong>to</strong> non-qualified inves<strong>to</strong>rs<br />
• Deadlines<br />
– Consultation period <strong>to</strong> 7 Oc<strong>to</strong>ber 2011<br />
– Incorporation in<strong>to</strong> Swiss law by 1 July 2012<br />
– By 31.12.2012 asset managers of foreign collective investment<br />
schemes must announce themselves <strong>to</strong> FINMA<br />
– By 30.06.2013 Swiss domiciled asset managers of collective investment<br />
schemes must request au<strong>to</strong>risation with FINMA
Change language