Newsletters
June 2019
On 15 June 2018, the Swiss Parliament adopted the new Swiss Financial Institutions Act ("FinIA"or the "Act") and the new Swiss Financial Services Act ("FinSA"). The new legislation, which is expected to enter into force on 1 January 2020, will have a significant impact on Swiss and foreign portfolio managers active in Switzerland. This newsflash summarizes certain key points that will affect portfolio managers.