{"id":16515,"date":"2017-10-31T09:24:26","date_gmt":"2017-10-31T08:24:26","guid":{"rendered":"https:\/\/www.fbt-avocats.ch\/new-regulation-for-independent-investment-managers-costs-and-consequences-for-the-financial-industry\/"},"modified":"2021-12-06T15:16:28","modified_gmt":"2021-12-06T14:16:28","slug":"new-regulation-for-independent-investment-managers-costs-and-consequences-for-the-financial-industry","status":"publish","type":"post","link":"https:\/\/www.fbt-avocats.ch\/en\/new-regulation-for-independent-investment-managers-costs-and-consequences-for-the-financial-industry\/","title":{"rendered":"Regulation &#8211; New Regulation for Independent Investment Managers: Costs and Consequences for the Financial Industry"},"content":{"rendered":"<div class=\"flex_column av_one_full  flex_column_div av-zero-column-padding first  avia-builder-el-0  avia-builder-el-no-sibling  \" style='border-radius:0px; '><p><div style='padding-bottom:10px; font-size:26px;' class='av-special-heading av-special-heading-h1  blockquote modern-quote  avia-builder-el-1  el_before_av_hr  avia-builder-el-first  av-inherit-size '><h1 class='av-special-heading-tag '  itemprop=\"headline\"  >Regulation &#8211; New Regulation for Independent Investment Managers: Costs and Consequences for the Financial Industry<\/h1><div class ='av-subheading av-subheading_below  ' style='font-size:15px;'><p>BSL Banking in Switzerland and Liechstenstein &#8211; October 2017<br \/>\nFr\u00e9d\u00e9rique Bensahel, Pierre-Olivier Etique<\/p>\n<\/div><div class='special-heading-border'><div class='special-heading-inner-border' ><\/div><\/div><\/div><br \/>\n<div style='height:20px' class='hr hr-invisible   avia-builder-el-2  el_after_av_heading  el_before_av_textblock '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<section class=\"av_textblock_section \"  itemscope=\"itemscope\" itemtype=\"https:\/\/schema.org\/BlogPosting\" itemprop=\"blogPost\" ><div class='avia_textblock  '   itemprop=\"text\" ><p><span class=\"fontstyle0\"><strong>Since the drafts of the Financial Services Act (FinSA) and Financial Institutions Act (FinIA) were presented for consultation by the Federal Council on 27 June 2014, they have given rise to heated debates within the financial industry about their impact on the independent investment managers\u2019 sector, in particular from the small structures perspective.<\/strong> The latter represents one of the major issues of these new regulations; indeed, market analyses have shown that half of the investment management companies active in Switzerland have one to three employees. While the legislative works are entering their final straight \u2013 the final versions should be disclosed and published by the end of the year, with a possible entry into force early 2019 \u2013 the outlines of the future regime governing independent investment managers are being fine-tuned.<\/span><\/p>\n<\/div><\/section><br \/>\n<div style='height:20px' class='hr hr-invisible   avia-builder-el-4  el_after_av_textblock  el_before_av_button '><span class='hr-inner ' ><span class='hr-inner-style'><\/span><\/span><\/div><br \/>\n<div class='avia-button-wrap avia-button-left  avia-builder-el-5  el_after_av_hr  avia-builder-el-last '><a href='https:\/\/www.fbt-avocats.ch\/wp-content\/uploads\/2017\/11\/BSL_2017_FBE-et-POE_FR-ENG.pdf'  class='avia-button   avia-icon_select-no avia-color-custom avia-size-large avia-position-left '  target=\"_blank\"  style='background-color:#44525f; border-color:#44525f; color:#ffffff; ' ><span class='avia_iconbox_title' >Lire la suite<\/span><\/a><\/div><\/p><\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[85],"tags":[276],"datespeciale":[],"yst_prominent_words":[],"class_list":["post-16515","post","type-post","status-publish","format-standard","hentry","category-publications","tag-bsl-banking-in-switzerland-and-liechstenstein-en","competences-banking-and-finance","auteurs-fbt-avocats","auteurs-frederique-bensahel-en","date-publication-2017-en","diffusion-publications-en"],"_links":{"self":[{"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts\/16515","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/comments?post=16515"}],"version-history":[{"count":0,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts\/16515\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/media?parent=16515"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/categories?post=16515"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/tags?post=16515"},{"taxonomy":"datespeciale","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/datespeciale?post=16515"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=16515"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}