Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)

of 23 June 2006 (Status as of 1 January 2023)


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Art. 123 Mandate

1 For­eign col­lect­ive in­vest­ment schemes may be offered in Switzer­land to non-qual­i­fied in­vestors and to qual­i­fied in­vestors in Switzer­land in ac­cord­ance with Art­icle 5 para­graph 1 FinSA141 only if the fund man­age­ment com­pany or the com­pany has first ap­poin­ted a rep­res­ent­at­ive to un­der­take the du­ties spe­cified in Art­icle 124, sub­ject to the pro­vi­sions of Art­icle 122.142

2 The fund man­age­ment and the in­vest­ment scheme com­pany un­der­take to provide the rep­res­ent­at­ive with the in­form­a­tion the lat­ter may re­quire for the per­form­ance of its tasks.

141 SR 950.1

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

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