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. 132 Supervision

1FINMA is­sues the ne­ces­sary au­thor­isa­tions and ap­provals pur­su­ant to this Act and su­per­vises com­pli­ance with the stat­utory, con­trac­tu­al and reg­u­lat­ory pro­vi­sions as well as the pro­vi­sions of the art­icles of as­so­ci­ation.

2It does not re­view the ex­pedi­ency of the busi­ness de­cisions taken by the li­censees.

1 Amended by An­nex No 14 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 2007, in force since 1 Jan. 2009 (AS2008 5207 5205; BBl 2006 2829).

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