Welcome to Swiss Funds & Asset Management Association SFAMA
Financial Services Act and Financial Institutions Act: Federal Council establishes principles for shaping three areas
During its meeting today, the Federal Council established principles for the specific shaping of three areas of the Financial Services Act and the Financial Institutions Act. Its decisions concern the supervision of asset managers, training and continuing professional development, and the issue of enforcement costs.
FINMA publishes its fully revised Anti-Money Laundering Ordinance
FINMA publishes its fully revised Anti-Money Laundering Ordinance The Swiss Financial Market Supervisory Authority FINMA is putting the fully revised FINMA Anti-Money Laundering Ordinance into effect on 1 January 2016.
The revision of this ordinance has taken both the revised Anti-Money Laundering Act and internationally adjusted standards into account, as well as insights gained from supervisory practice and recent market developments.