CISA

The FinSA and FinIA have now broken up this extensive collection of rules in collective investment schemes legislation and transferred them to the new financial market legislation architecture.

Product-specific rules, such as the approval requirement for collective investment schemes as well as rules on the custodian bank or representative and paying agent, remain exclusive to the CISA and its implementing ordinances (CISO and CISO-FINMA).

Federal Act on Collective Investment Schemes, CISA

Ordinance on Collective Investment Schemes, CISO

Ordinance of the Swiss Financial Market Supervisory Authority on Collective Investment Schemes, FINMA-CISO