Our responsibilities towards your fund
As a representative of foreign funds in Switzerland, it is our duty to ensure that all Swiss legal and regulatory obligations are fulfilled in a timely manner and at all times.
As a representative, we are committed to observing the statutory obligations to report, publish and inform. On the one hand, this means that we are obliged to have all relevant documents at our disposal, such as the prospectus and simplified prospectus, the articles of association or the fund contract, as well as the financial reports, in an official Swiss language. Investors and distributors can obtain these documents free of charge from us. On the other hand, we are obliged to inform the supervisory authority of modifications to these documents and to publish these modifications in the publication organs determined in the prospectus.
Our obligations towards the fund:
- helping the fund company enter the Swiss market or improve its market position
- ensuring the authorisation of the fund and maintenance of its authorisation
- helping the fund company change representative
- informing the fund company of both legal and environmental changes in the Swiss fund industry
- helping the fund company develop a distribution network by providing it with information based on our Swiss fund market radar database
Our obligations as imposed by the Swiss authorities:
- reporting to the Swiss Financial Market Supervisory Authority and replying to its enquiries
- reporting to the Swiss National Bank and replying to its enquiries
Our obligations as imposed by the Swiss Funds Association (SFA):
- working with Swiss distributors ("know your distributor" policy)
- undertaking initial due diligence of proposed distributors (selection)
- negotiating distribution agreements based on a standard text that is pre-agreed with the fund
- acting as co-signatory to all distribution agreements with the fund
- monitoring distributors and addressing their enquiries on an ongoing basis
Our obligations towards investors:
- replying to enquiries and requests from end investors
For more details about the funds we represent, please click here.