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


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Art. 39 Capital adequacy

1 There must be an ap­pro­pri­ate re­la­tion­ship between the hold­ings of the com­pany share­hold­ers and the total as­sets of the SICAV. The Fed­er­al Coun­cil reg­u­lates this re­la­tion­ship.

2 In spe­cial cases, FINMA may grant a re­lax­a­tion of the re­quire­ments or may or­der a tight­en­ing there­of.

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