Asset Managers in French-Speaking Switzerland Face Finma Hurdle: Independent asset managers in French-speaking Switzerland have to pass through Finma's eve of the needle. Finma frenchspeakingSwitzerland wealthmanagers
Because of mandatory licensing requirements, independent asset managers in Romandie, the French-speaking region of Switzerland are being forced to reorganize and, above all, justify their costs.
What has resulted is a new financial market architecture with Fidleg and Finig as part of a new regulatory framework. The Fidleg contains rules for all financial service providers on the provision of financial services and the offering of financial instruments. Finig introduces a differentiated supervisory regime for financial institutions such as asset managers and trustees, managers of collective assets, fund management companies, and investment firms.
To cope with the complexity of the new regulatory environment, AWAP even suggests outsourcing. This would allow independent asset managers to focus on their business and their clients while maintaining reliable cost control.A study by PWC has also concluded that around two-thirds of the players see the costs in the compliance area and the increased reporting requirements as the greatest strategic challenge of the future.
Switzerland Neuesten Nachrichten, Switzerland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
Auch Westschweizer Vermögensverwalter müssen durchs Finma-NadelöhrAuch Westschweizer Vermögensverwalter müssen durchs Finma-Nadelöhr: Unabhängige Vermögensverwalter sind auch in der Romandie gezwungen, sich wegen der obligatorischen Lizenzierung neu zu organisieren.… unabhängigevermögensverwalter AWAP Lizenzierung
Weiterlesen »
These are the Richest Bankers in SwitzerlandThese are the Richest Bankers in Switzerland: Turbulence in the capital markets hasn't done much to hurt the super-rich. One fintech entrepreneur even made it into the top ten of a popular ranking. Bilanzleaguetable therichest MarcelErni
Weiterlesen »
Citigroup on the Migratory Patterns of the RichSwitzerland has always been a magnet for the super-wealthy. In the last two years, in particular, more families and their wealth have moved to the country. Citigroup’s General Market Manager for Switzerland told finews.com who has been coming over and why. ...
Weiterlesen »
Auch Westschweizer Vermögensverwalter müssen durchs Finma-NadelöhrAuch Westschweizer Vermögensverwalter müssen durchs Finma-Nadelöhr: Unabhängige Vermögensverwalter sind auch in der Romandie gezwungen, sich wegen der obligatorischen Lizenzierung neu zu organisieren.… unabhängigevermögensverwalter AWAP Lizenzierung
Weiterlesen »
Citigroup on the Migratory Patterns of the RichSwitzerland has always been a magnet for the super-wealthy. In the last two years, in particular, more families and their wealth have moved to the country. Citigroup’s General Market Manager for Switzerland told finews.com who has been coming over and why. ...
Weiterlesen »