Investor categories

Investors’ Profiles in Switzerland – Transitory Period (1.1.2020 – 31.12.2021)

The new Swiss Financial Services Act (FinSA) and Swiss Financial Institutions Act (FinIA), completed by the Financial Services Ordinance (FinSO) and the Financial Institutions Ordinance (FinIO), defines a transitory period.

Old regime pursuant to art 10 para. 3 let. a and b CISA (2016), investors shall be classed as follows

Swiss representative and Swiss paying agent must be appointed before the commencement of any activities that qualify as “distribution”, thus pre-sales and pre-marketing activities already trigger this duty.

New regime, investors shall be classed as follows Art. 4 par. 3 to 5 and Art. 5 par. 1 and 4 FinSA

The old regime remains applicable until each organisation is ready to switch to the new regime.

Swiss representative and Swiss paying agent must be appointed before the commencement of any activities that qualify as “distribution / offer”, thus pre-sales and pre-marketing activities already trigger this duty.

Carnegie Fund Services Ltd.

is authorised and regulated by the Swiss Financial Market Supervisory Authority, FINMA. 

Carnegie Fund Services SA

11, rue du Général-Dufour

1204 Geneva – Switzerland

Phone:+ 41 22 705 11 77

Email: info@carnegie-fund-services.ch   

Website: www.carnegie-fund-services.ch