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A Cooperation Agreement has been approved between the European Securities and Markets Authority (“ESMA”) and the Swiss Financial Market Supervisory Authority (“FINMA”
The current Swiss regulatory framework governed by the Swiss Regulatory Authority (“FINMA”), allows asset managers, with the exception of those managing Swiss domiciled collective investment schemes for which regulation is mandatory, an option to be regulated by FINMA subject to certain conditions
The Swiss Financial Market Supervisory Authority (“FINMA”) issued a requirement for UCITS that are registered for sale in Switzerland to include information specific to Switzerland in the Key Investor Information Document (“KIID”
Aiming to improve information and protection available to investors and to harmonise with European legislation, the Federal Council of Switzerland amended the Collective Investment Schemes Ordinance (“CISO”
