Ordinance of the Swiss Financial Market Supervisory Authority 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. 43 Model approach: changes under the model approach

1FINMA may al­low vari­ances from the re­quire­ments stip­u­lated in Art­icles 39- 43.

2It may per­mit the use of oth­er risk as­sess­ment mod­els, provided they af­ford an ap­pro­pri­ate de­gree of pro­tec­tion.

3If changes are made to the risk as­sess­ment mod­el, back-test­ing or stress tests, these changes must be sub­mit­ted to FINMA for ap­prov­al in ad­vance.

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