Self-regulation on transparency and disclosure for sustainability-related collective assets

As part of its mission to further strengthen the core role in sustainable finance of the Swiss asset management industry, the Asset Management Association Switzerland (AMAS) is taking the lead by laying down the framework conditions for manufacturing and managing sustainable collective investments.

With this in mind, AMAS has developed a principle-based self-regulation for sustainable asset management. For the first time, institutions that produce and manage sustainable financial products will be subject to binding organisational, reporting and disclosure obligations.

AMAS has taken a principle-based approach to develop this self-regulation for its members. It came into force on 30 September 2023. With its explicit references to both institutional and product levels, it dovetails with the self-regulation process of client advisory that the Swiss Bankers Association has introduced.

To align this self-regulation with the objectives of the Federal Council, AMAS established self-regulation 2.0, to become effective on 1 September 2024. Consequently, self-regulation 2.0 is a further development of self-regulation 1.1 (as at 1 November 2023). The working versions (track-change) are also available and highlight the changes made.