Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

(Art. 33 para. 4 Fin­IA)

¹In ad­di­tion to the tasks spe­cified in Art­icles 32 and 33 para­graph 4 Fin­IA as well as in ac­cord­ance with Art­icle 49, fund busi­ness spe­cific­ally en­tails:

a.

the rep­res­ent­a­tion of for­eign col­lect­ive in­vest­ment schemes;

b.

the ac­quis­i­tion of par­ti­cip­a­tions in com­pan­ies whose main pur­pose is the col­lect­ive in­vest­ment scheme busi­ness;

c.

the keep­ing of unit ac­counts.

²The fund man­age­ment com­pany may only per­form these activ­it­ies and any fur­ther ser­vices in ac­cord­ance with Art­icle 34 Fin­IA if its art­icles of as­so­ci­ation so provide.

³Art­icle 26 para­graph 2 Fin­IA ap­plies by ana­logy to the con­duct of fund busi­ness for for­eign col­lect­ive in­vest­ment schemes.