Direkt zum Inhalt

From the magazine SZW-RSDA 2/2018 | S. 131-146 The following page is 131

Zum Anbieten kollektiver Kapitalanlagen unter dem FIDLEG – und ausgewählte Aspekte der dabei einzuhaltenden Verhaltenspflichten

The regulatory framework for the distribution of collective investment schemes (CIS) in (and from) Switzerland is currently set forth in one single act, the Collective Investment Schemes Act (CISA). The CISA sets out the product level requirements for CIS distributed in or from Switzerland, the requirements for persons distributing CIS, and the point of sale duties of such persons. As part of the Swiss Government’s endeavours to create a level playing field for the provision of financial services and the offering of financial instruments, the (fund industry specific) CISA will be partially replaced by two new federal acts – the Financial Services Act (FIDLEG) and the Financial Institutions Act (FINIG), which will be enacted by Parliament after successful resolution of the remaining differences between the Council of States and the National Council and enter into force by mid-2019 or 2020. This article first analyzes the change from «distribution» (Vertrieb) as the criterion triggering…

[…]