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SFAMA Media release 06/2017
Swiss fund market hits new all-time high
EATC-N continues detailed consideration of FinSA
The committee largely concluded its consideration of FinSA at its meeting on Tuesday. It will clarify a few issues still pending with regard to FinSA at its meeting on 19/20 June 2017, and will then move on to its consideration of FinIA. The next consultation date was originally set for mid-May, which would have allowed the National Council to consider this item of business in the 2017 Summer Session, and it will now not do so until the Autumn Session.
In terms of content there have been no major surprises thus far, and the EATC-N’s proposals are broadly in agreement with the Council of States. However, certain issues were disputed in the committee’s consideration, and there are now minority proposals in those areas. All of the details on the issues to be discussed can be found in the Parliamentary Services media release.