The Challenges
Switzerland is fundamentally revising its financial market legislation in order to harmonize it with European standards. The two new laws – the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) – were passed by the Swiss parliament. The FinIA will regulate the approval and organizational requirements as well as the internal processes, while the FinSA will define detailed rules for financial institutions when providing services to their clients in all phases. This is accompanied by the requirement of an independent compliance and risk management function. Implementing all requirements of the new regulation poses major challenges for independent asset managers in particular.

The Solution
SwissComply provides you with a personal compliance & risk manager (outsourcing or body lending) who continuously monitors compliance with regulatory guidelines and supports you with their implementation. Furthermore, standardized processes are an important basis for effective risk minimization and at the same time ensure the necessary investor protection. SwissComply fully covers compliance and risk management throughout the entire life cycle of the client relationship, thus enabling high-quality asset management.