The entry into force of the FinSA and FinIA on 1 January 2020 fundamentally reshaped the architecture of Switzerland’s financial market legislation. The fund and asset management industry is particularly affected by this because the FinSA and FinIA have brought about sweeping changes to the legislation on collective investment schemes.
L-QIF – an innovation for the Swiss fund market
The aim of the L-QIF is to create a genuine Swiss alternative for qualified investors. As well as considerably increasing the international competitiveness of innovative Swiss fund solutions, this will also provide a level playing field between domestic and foreign collective investment schemes offered in Switzerland.