The FinTech platform FinFinder.ch has implemented a technical integration solution. Client advisors who are entered in the BX Swiss advisor register at regservices.ch can now refer directly to their BX register entry in their advisor profile on FinFinder.ch. This makes it easy for clients to see if an advisor has the additional quality feature of […]
According to today’s media release by the Swiss Financial Market Supervisory Authority FINMA, random checks regarding compliance with the registration obligation are to be expected in the coming months. FINMA will check whether financial service providers and their client advisors have complied with the registration obligation under FinSA. FINMA explicitly points out that a breach […]
The entry in the FinSA advisor register is a sought-after quality feature. For this reason, BX Swiss is now making QR codes available to client advisors registered with it via its regservices.ch platform. The QR code leads directly to the individual entry in the advisor register without any further search. The QR code can be […]
The new DLT Ordinance is expected to enter into force on 1 August 2021, which will also have an impact on the registration obligation of client advisors of Swiss representative offices of foreign financial service providers. In this context, the registration offices have amended or clarified the answer to question 14 of the FAQ on the […]
As of today, BX Swiss is making FAQs available to help answer frequently asked questions about the obligation to register in the client advisor register: FAQ on the duty to register (official English version) FAQ zur Eintragungspflicht (German translation) The FAQs have been jointly prepared by the FinSA registration offices. FINMA has taken note of the English […]
On the basis of the experience gained with regard to the prospectus review since start of the service on 1 June 2020, BX Swiss has decided to reduce its fees for the review and deposit of prospectuses on a selective basis. The revised fee schedule of the Prospectus Review Office, which will enter into force […]
In order to ensure the smoothest possible entry into the Swiss client advisor register, BX Swiss is constantly introducing new payment methods; the last time at the beginning of October with the support of the Swiss payment solution TWINT, which is already being used extensively. We are pleased to announce that as of today we […]
The Federal Department of Finance (FDF) announced today that it has approved the following ombudsman offices for financial service providers: Association Financial Services Ombudsman (FINSOM) Swiss Chambers’ Arbitration Institution (SCAI) Terraxis SA Further information on the individual ombudsman offices can be found on our website. The connection to an ombudsman’s office is one of the […]
The Swiss Financial Market Supervisory Authority FINMA has granted BX Swiss AG approval as Registration Office to maintain the Swiss register of advisors in accordance with Article 31 of the Financial Services Act (FinSA). Approval will take effect on 20 July 2020, the date from which registered applicants will be able to submit applications for entry in […]
In future, disputes about legal claims between customers and financial service providers are to be resolved by an ombudsman’s office within the framework of a mediation procedure if possible. Pursuant to Art. 77 FinSA, financial service providers must therefore join an ombudsman’s office prior to commencing their activities. The Federal Department of Finance (FDF) announced […]
