{"id":16632,"date":"2009-08-31T12:27:28","date_gmt":"2009-08-31T11:27:28","guid":{"rendered":"https:\/\/www.fbt-avocats.ch\/the-abolition-of-the-swiss-finish-and-side-pockets-under-swiss-law\/"},"modified":"2019-09-13T13:19:55","modified_gmt":"2019-09-13T12:19:55","slug":"the-abolition-of-the-swiss-finish-and-side-pockets-under-swiss-law","status":"publish","type":"post","link":"https:\/\/www.fbt-avocats.ch\/en\/the-abolition-of-the-swiss-finish-and-side-pockets-under-swiss-law\/","title":{"rendered":"The abolition of the &#8220;Swiss Finish&#8221; and &#8220;Side Pockets&#8221; under Swiss law"},"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\"  >The abolition of the <span class='special_amp'>&#8220;<\/span>Swiss Finish<span class='special_amp'>&#8221;<\/span> and <span class='special_amp'>&#8220;<\/span>Side Pockets<span class='special_amp'>&#8221;<\/span> under Swiss law<\/h1><div class ='av-subheading av-subheading_below  ' style='font-size:15px;'><p>International Bar Association &#8211; Securities Law Newsletter &#8211; August 2009<br \/>\nFr\u00e9d\u00e9rique Bensahel, Michel Abt<\/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\" ><div data-canvas-width=\"31.061142081545363\">To increase Switzerland\u2019s attractiveness as a distribution market for investment funds and to bring Switzerland in line with the Undertakings for Collective Investment in Transferable Securities (UCITS) III Directive, the Swiss Financial Market Supervisory Authority (FINMA), formerly the Swiss Federal Banking Commission (SFBC), decided to abolish the so-called \u2018Swiss Finish\u2019. The FINMA believes that: \u2018The suppression of the \u201cSwiss Finish\u201d should contribute to reposition the Swiss Funds Market and promote Swiss Collective Investment Schemes\u2019. This suppression, decided on 28 January 2009, entered into force on 1 March 2009.<\/div>\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='http:\/\/fbt-avocats.ch\/wp-content\/uploads\/2016\/10\/The-abolition-of-the-Swiss-Finish-and-Side-Pockets-under-Swiss-law.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":[],"datespeciale":[],"yst_prominent_words":[],"class_list":["post-16632","post","type-post","status-publish","format-standard","hentry","category-publications","competences-banking-and-finance","auteurs-frederique-bensahel-en","auteurs-michel-abt-en","date-publication-2009-en","diffusion-publications-en"],"_links":{"self":[{"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts\/16632","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=16632"}],"version-history":[{"count":0,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/posts\/16632\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/media?parent=16632"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/categories?post=16632"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/tags?post=16632"},{"taxonomy":"datespeciale","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/datespeciale?post=16632"},{"taxonomy":"yst_prominent_words","embeddable":true,"href":"https:\/\/www.fbt-avocats.ch\/en\/wp-json\/wp\/v2\/yst_prominent_words?post=16632"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}