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

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


Open article in different language:  DE  |  FR  |  IT
Art. 148 Felonies and misdemeanours 200

1 Any per­son who wil­fully does any of the fol­low­ing is li­able to a cus­todi­al sen­tence not ex­ceed­ing three years or to a mon­et­ary pen­alty:201

a.202
...
b.
es­tab­lishes a col­lect­ive in­vest­ment scheme without ap­prov­al or au­thor­isa­tion;
c.203
...
d.204
of­fers do­mest­ic and for­eign col­lect­ive in­vest­ment schemes that have not been ap­proved to non-qual­i­fied in­vestors;
e.
fails to main­tain the books of ac­count in an or­derly man­ner or does not ar- chive com­pany books of ac­count, re­cords and doc­u­ments as pre­scribed;
f.205
in an­nu­al re­port or semi-an­nu­al re­port:
1.
provides false in­form­a­tion or with­holds ma­ter­i­al facts,
2.
does not provide all the man­dat­ory in­form­a­tion;
g.206
with re­spect to the an­nu­al re­port or semi-an­nu­al re­port:
1.
fails to pro­duce them or fails to pro­duce them in an or­derly man­ner,
2.
fails to pub­lish it or fails to pub­lish it by the spe­cified dead­line;
h.
provides false in­form­a­tion to the audit com­pany, the in­vest­ig­at­ing of­ficer, the ad­min­is­trat­ive re­ceiv­er, the li­quid­at­or or FINMA or re­fuses to provide the re­ques­ted in­form­a­tion;
i.207
...
j.
as valu­ation ex­perts, com­mit a gross breach of the du­ties as­signed to them;
k.208
...
l.209
...

1bis ...210

2 Where the of­fend­er acts through neg­li­gence, the pen­alty is a fine not ex­ceed­ing CHF 250,000.

3 ...211

200 Amended by No I 1 of the FA of 12 Dec. 2014 on Ex­pand­ing the Of­fence of Breach of Pro­fes­sion­al Con­fid­en­ti­al­ity, in force since 1 Ju­ly 2015 (AS 2015 1535; BBl 2014 62316241).

201 Amended by No I 1 of the FA of 12 Dec. 2014 on Ex­pand­ing the Of­fence of Breach of Pro­fes­sion­al Con­fid­en­ti­al­ity, in force since 1 Ju­ly 2015 (AS 2015 1535; BBl 2014 62316241).

202 Re­pealed by An­nex No 14 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 2007, with ef­fect from 1 Jan. 2009 (AS 2008 52075205; BBl 2006 2829).

203 Re­pealed by An­nex No 14 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 2007, with ef­fect from 1 Jan. 2009 (AS 2008 52075205; BBl 2006 2829).

204 Amended by An­nex No 3 of the Fin­an­cial Ser­vices Act of 15 June 2018, in force since 1 Jan. 2020 (AS 2019 4417; BBl 2015 8901).

205 Amended by An­nex No 3 of the Fin­an­cial Ser­vices Act of 15 June 2018, in force since 1 Jan. 2020 (AS 2019 4417; BBl 2015 8901).

206 Amended by An­nex No 3 of the Fin­an­cial Ser­vices Act of 15 June 2018, in force since 1 Jan. 2020 (AS 2019 4417; BBl 2015 8901).

207 Re­pealed by An­nex No 14 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 2007, with ef­fect from 1 Jan. 2009 (AS 2008 52075205; BBl 2006 2829).

208 Re­pealed by An­nex No II 13 of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018, with ef­fect from 1 Jan. 2020 (AS 2018 5247, 2019 4631; BBl 2015 8901).

209 In­ser­ted by No I 1 of the FA of 12 Dec. 2014 on Ex­pand­ing the Of­fence of Breach of Pro­fes­sion­al Con­fid­en­ti­al­ity (AS 2015 1535; BBl 2014 62316241). Re­pealed by An­nex No II 13 of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018, with ef­fect from 1 Jan. 2020 (AS 2018 5247, 2019 4631; BBl 2015 8901).

210 In­ser­ted by No I 1 of the FA of 12 Dec. 2014 on Ex­pand­ing the Of­fence of Breach of Pro­fes­sion­al Con­fid­en­ti­al­ity (AS 2015 1535; BBl 2014 62316241). Re­pealed by An­nex No II 13 of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018, with ef­fect from 1 Jan. 2020 (AS 2018 5247, 2019 4631; BBl 2015 8901).

211 Re­pealed by An­nex No 9 of the Fin­an­cial Mar­ket In­fra­struc­ture Act of 19 June 2015, with ef­fect from 1 Jan. 2016 (AS 2015 5339; BBl 2014 7483).

Previous article Show article in the law Next article

Diese Seite ist durch reCAPTCHA geschützt und die Google Datenschutzrichtlinie und Nutzungsbedingungen gelten.

Feedback
Gesetzeskürzel Name
DE FR IT EN
DE FR IT EN
Laden