Anyone submitting a public offer to purchase securities in Switzerland or requesting the admission of securities to trading on a stock exchange pursuant to Art. 26 FMIA must first publish a prospectus pursuant to Art. 35 FinSA.
The examination of the prospectuses pursuant to Art. 35 ff. FinSA is the responsibility of an Inspection Office (reviewing body) approved by FINMA in accordance with Art. 52 FinSA. It checks it for completeness, coherence and comprehensibility.