News & Media
2021-05-24
The Swiss Financial Market Supervisory Authority FINMA is updating the procedure of the online identification using the NFC verification by scanning the chip embedded in biometric identity documents.
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- FINMA Licensed Second Registration Body according to FinSA
2020-09-21 |
News & Media
FINMA Licensed Second Registration Body according to FinSA
ARIF was approved by FINMA as a registration authority for client advisers, in such a way it was it licensed as the second registration body in consonance with FinSa.
Artificially from 14 September 2020, the Association Romande des Intermédiaires Financiers (ARIF), is located in Geneva, is approved by FINMA as the registration authority for client advisers. The main aim of the registration authorities is to control the advisers register due to FinSA and verify if the advisers have the correspondent education and background. It worth to say, that FINMA do not assume responsibility for the prudential supervision of the registration authorities.
Referring to the client advisers of the financing facility providers, who do not come under the supervision and offer their services within the jurisdiction of Switzerland must inform about the entry in the register not later than six months after getting the license of the registration body.
Source: https://www.finma.ch/en/news/2020/09/20200915-mm-anerk-2te-registrierungsstelle/
Legal disclaimer. This article does not constitute legal advice and does not establish an attorney-client relationship. The article should be used for informational purposes only.
News & Media
2021-04-07
The publishing of this case report confirms FINMA's accountability obligations regarding its enforcement activities. The case report includes anonymized and generalized cases which were concluded with a court decision.
News & Media
2021-04-06
Bern, April 04, 2021 – The Swiss Institute of Intellectual Property (IPI) took an active role in 280 cases of “Swissness” excessive use in 2020. The IPI controls the use of the Swiss national emblem and destroys such goods during the customs examination. Now private and high officials start working together to control the “Swissness” fare dodger abroad.
News & Media
2020-12-15
The Swiss Financial Market Supervisory Authority FINMA recommends that the supervised parties affected by the LIBOR replacement sign the new Fallback Protocol of the International Swaps and Derivatives Association (ISDA) in the shortest time possible.
