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05 December 2019 / article

Swiss FinSA and FinIA effective as from 1 January 2020 - Overview of transitory provisions

In a meeting on 6 November 2019, the Federal Council decided that the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA), together with the corresponding ordinances, will enter into force on 1 January 2020.

On the same date, the definitive text of the respective ordinances, the Financial Services Ordinance (FinSO) and the Financial Institutions Ordinance (FinIO), was published. The amended text of the ordinances addresses numerous open questions regarding the transitory provisions.

Please read the article below or download the PDF version.




Disclaimer

Although this publication has been compiled with great care, Loyens & Loeff N.V. and all other entities, partnerships, persons and practices trading under the name “Loyens & Loeff”, cannot accept any liability for the consequences of making use of this issue without their cooperation. The information provided is intended as general information and cannot be regarded as advice.



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