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From the magazine SZW-RSDA 2/2022 | p. 131-139 The following page is 131

Vergütung der Rechenschaft über Retrozessionen

Based on Art. 400 para. 1 of the Swiss Code of Obligations, financial service providers must inform their clients if they receive payments or other benefits from third parties in connection with their client-related services (so-called inducements, kickbacks, or retrocessions). This article analyzes to what extent and under which conditions financial service providers can charge additional fees for the disclosure of such payments. It further examines whether the Federal Act on Financial Services requires financial services providers to disclose third-party payments or other benefits to the clients for free.

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