Federal Act on Collective Investment Schemes

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.


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Art. 19

1…1

1bisA fin­an­cial in­ter­me­di­ary may only dis­trib­ute for­eign col­lect­ive in­vest­ment schemes in­ten­ded solely for qual­i­fied in­vestors if it is sub­ject to ap­pro­pri­ate su­per­vi­sion in Switzer­land or its coun­try of dom­i­cile.2

2The Fed­er­al Coun­cil defines the au­thor­isa­tion con­di­tions.

3In par­tic­u­lar, it may make au­thor­isa­tion de­pend­ent on ad­equate fin­an­cial and pro­fes­sion­al guar­an­tees on the part of the dis­trib­ut­ors.

4…3

1 Re­pealed by No I of the Fed­er­al Act of 28 Sept. 2012, with ef­fect from 1 March 2013 (AS 2013 585; BBl 2012 3639).
2 In­ser­ted by No I of the Fed­er­al Act of 28 Sept. 2012, in force since 1 March 2013 (AS 2013 585; BBl 2012 3639).
3 Re­pealed by No I of the Fed­er­al Act of 28 Sept. 2012, with ef­fect from 1 March 2013 (AS 2013 585; BBl 2012 3639).

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