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FinSA/FinIA: follow-up regulation by FINMA

The new Financial Services Act (FinSA) and Financial Institutions Act (FinIA) oblige the Swiss Financial Market Supervisory Authority FINMA to pass a number of implementing provisions, which are mainly technical in nature. FINMA is therefore presenting a new, streamlined ordinance, amending current ordinances and circulars and abolishing three circulars. FINMA will hold a consultation on the follow-up regulation up to 9 April 2020.
The SFAMA will defend the interests of the fund and asset management industry at the consultation.