Federal Act on Collective Investment Schemes

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Art. 125 Place of performance and place of jurisdiction

1The place of per­form­ance for units of the for­eign col­lect­ive in­vest­ment schemes offered in Switzer­land is the re­gistered of­fice of the rep­res­ent­at­ive.2

2It shall con­tin­ue to be the re­gistered of­fice of the rep­res­ent­at­ive after the re­voc­a­tion of au­thor­isa­tion or fol­low­ing the dis­sol­u­tion of the for­eign col­lect­ive in­vest­ment scheme.

3The place of jur­is­dic­tion is:

a.
the re­gistered of­fice of the rep­res­ent­at­ive; or
b.
the re­gistered of­fice or place of res­id­ence of the in­vestor.3

1 Amended by An­nex No II 13 of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018, in force since 1 Jan. 2020 (AS2018 5247, 2019 4631; BBl 2015 8901).
2 Amended by An­nex No II 13 of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018, in force since 1 Jan. 2020 (AS2018 5247, 2019 4631; BBl 2015 8901).
3 In­ser­ted by An­nex No II 13 of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018, in force since 1 Jan. 2020 (AS2018 5247, 2019 4631; BBl 2015 8901).

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