(Art. 14 para. 1 let. c CISA)
1
The executive board must comprise at least two persons. These persons must be resident in a place where they can in fact carry out their management duties properly.
2
The authorised signatories of the licensee must sign jointly.
3
The licensee must define its organisational structure in a set of organisational regulations.27
4
It must employ personnel who are properly and suitably qualified for its activity.
5
FINMA may require that an internal audit be performed if required by the scope and nature of the activity.
6
In justified instances, it may grant derogations from these requirements.