Federal Act on Collective Investment Schemes

¹The right to claim dam­ages pre­scribes five years from the date on which the per­son suf­fer­ing dam­age be­came aware of the dam­age and of the iden­tity of the per­son li­able for it, but not later than three years after the re­demp­tion of a unit and in any event not later than ten years after the date on which the harm­ful con­duct took place or ceased.

²If the per­son li­able has com­mit­ted a crim­in­al of­fence through his or her harm­ful con­duct, then not­with­stand­ing the fore­go­ing para­graphs the right to dam­ages or sat­is­fac­tion pre­scribes at the earli­est when the right to pro­sec­ute the of­fence be­comes time-barred. If the right to pro­sec­ute is no longer li­able to be­come time-barred be­cause a first in­stance crim­in­al judg­ment has been is­sued, the right to claim dam­ages or sat­is­fac­tion pre­scribes at the earli­est three years after no­tice of the judg­ment is giv­en.