Federal Act
on Financial Institutions
(Financial Institutions Act, FinIA)

¹ Man­agers of col­lect­ive as­sets are re­spons­ible for the port­fo­lio and risk man­age­ment of the as­sets en­trus­ted to them.

² In ad­di­tion, man­agers of col­lect­ive as­sets may con­duct fund busi­ness, in par­tic­u­lar, for for­eign col­lect­ive in­vest­ment schemes. If the for­eign coun­try's law re­quires an agree­ment on co­oper­a­tion and in­form­a­tion ex­change between FINMA and the for­eign su­per­vis­ory au­thor­it­ies of rel­ev­ance for the fund busi­ness, they may per­form this busi­ness only where such an agree­ment ex­ists.

³ Man­agers of col­lect­ive as­sets may also per­form ad­min­is­trat­ive activ­it­ies with­in the scope of these tasks.