Welcome to Swiss Funds & Asset Management Association SFAMA

17
Sep
2019

Amendment of annexes to the cooperation agreement on funds between FINMA and the Hong Kong SFC

The technical implementation provisions contained in the annexes to the cooperation agreement on funds between the Swiss Financial Market Supervisory Authority FINMA and the Securities and Futures Commission of Hong Kong (SFC) concluded on 2 December 2016 have had to be amended. The reason for this is the revision of the Hong Kong Code on Unit Trusts and Mutual Funds (“UT Code”), the provisions of which the cooperation agreement relates to.

Link

10
Sep
2019

FinSO and FinlO in the final stages

The Federal Department of Finance (FDF) will ask the Federal Council to bring the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) - together with the Federal Council's implementing ordinances - into force on 1 January 2020. Transitional periods of two years are anticipated in principle.

In order to give the sector greater planning certainty, the FDF is already communicating the key points on which the ordinances are to be amended after consultation.

Link