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Art. 36 – Authorisation as manager of collective assets

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Art. 36

Authorisation as manager of collective assets

(Art. 24 para. 3 FinIA)

FINMA shall grant a portfolio manager in accordance with Article 24 paragraph 2 FinIA authorisation in accordance with Article 24 paragraph 3 FinIA if:

a.

it has its registered office in Switzerland;

b.

the conditions of authorisation in accordance with Article 24 paragraph 1 FinIA are satisfied; and

c.

Swiss or applicable foreign law provides that the management of collective assets may only be delegated to a supervised manager of collective assets.

Legal act context
SR 954.11 · FinIO · Ordinance · Ordinance of 6 November 2019 on Financial Institutions (Financial Institutions Ordinance, FinIO)
Structure path
Chapter 2 Financial Institutions Section 2 Managers of Collective Assets
Language
English (en)
Data status
2025-01-01

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