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From the magazine SZW-RSDA 6/2021 | p. 646-665 The following page is 646

EU-Product-Governance – Ein Vorbild für die Schweiz?

In 2020 the Financial Services Act (FinSA) entered into force. The provisions on rules of conduct and organizational duties are more or less based on the provisions of MiFID II. However, the regulatory complex on product governance has not been adopted by the Swiss legislator. This article examines whether this decision was convincing. As a result, it turns out to be wise, because the EU-product-governance-regime is disproportionately complicated, bureaucratic, time-consuming and costly. The author proposes alternative solutions that would be more effective.

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