Welcome to Swiss Funds & Asset Management Association SFAMA

7
Jul
2020

Implementation of the FinSA/FinIA: FINMA authorises first supervisory organisations

The Swiss Financial Market Supervisory Authority FINMA has granted the first licences as supervisory organisations, responsible for the supervision of portfolio managers and trustees. It has also authorised the first registration body for client advisers. On 24 June 2020, the Federal Department of Finance has recognised the first ombudsman’s offices in accordance with the FinSA for financial service providers.

Link

1
Jul
2020

Switzerland and United Kingdom seek closer cooperation on financial services

The Swiss and UK finance ministers, Federal Councillor Ueli Maurer and Chancellor of the Exchequer Rishi Sunak, signed a joint statement on deepening cooperation between the two countries in the area of financial services during a virtual meeting. They also exchanged views on the impact of the COVID-19 pandemic on the economic situation and financial markets, as well as on national bridging aid schemes for the economy.

Link