The FAQs on the registration obligation in the FinSA Advisor Register have been comprehensively revised. Who is required to register in the FinSA Advisor Register? This question continues to concern many financial service providers and client advisers. To facilitate the practical assessment of the registration obligation, the Advisor Register has revised its FAQs and aligned […]
Client Advisor Register – Changing Employer Made Easy According to Art. 41 para. 1 of the Financial Services Ordinance (FinSO), client advisors are required to notify the registration body of any change in the name or address of the financial service provider they represent. This notification must be made within 14 days. To simplify this […]
The Prospectus Review Offices of BX Swiss AG and SIX Exchange Regulation AG have published a consensus communication on their practices (Practice Notice). This Practice Notice will address various aspects of prospectus review and aims to provide the market with a comprehensive guide for future prospectus applications. If you have any further questions, please contact […]
Client advisors who are registered in the Swiss Client Advisor Register in accordance with the Financial Services Act (FinSA) must renew their registration every 24 months. As part of the renewal process, client advisors must demonstrate that they have attended a refresher training on their knowledge of the FinSA code of conduct rules. From the […]
Client Advisors who are registered in the Client Advisor Register are subject to the legal reporting obligations pursuant to Art. 32 Financial Services Act (FinSA) and Art. 41 Financial Services Ordinance (FinSO). They must notify the Registration Office of the following changes within 14 days of their occurrence via an online application (change request) via […]
On 15 May 2023, the new List of Fees of the Registration Office of BX Swiss AG will enter into force. The following adjustments have been made: The fee pursuant to section 2.3 for initial registration applications that are physically submitted to the Registration Office will be adjusted. In addition, it is specified in the […]
The Financial Services Act (FinSA) stipulates which client advisors are subject to the duty to register in the client advisor register (Art. 28 FinSA). Furthermore, it defines the term client advisor and assumes a natural person (Art. 3 lit. e FinSA). However, the law does not provide an explicit answer to the question of who […]
