The records must include all details that are required for FINMA to oversee and supervise their activity.
A violation of the recordkeeping obligations can lead to a fine that is capped at CHF 500,000. (FMIA Article 150)
 
                                    
                                Our in-brief roundup of notable stories from the last week.
GRIP2 min read
 
                                    
                                Watchdog did not have proper basis for decision to write down SFr16.5bn of AT1 debt as part of rescue deal, judges find.
The Financial Times2 min read
 
                                    
                                Clients could lose rights to be heard and appeal when a foreign authority requests international admin assistance on possible violation of market abuse provisions.
Dr Vaïk Müller | CMS7 min read
 
                                    
                                Our in-brief roundup of notable stories from the last week.
GRIP2 min read
 
                                    
                                Our in-brief roundup of notable stories from the last week.
GRIP2 min read
 
                                    
                                Our in-brief roundup of notable stories from the last week.
GRIP2 min read
 
                                    
                                New regime comes into effect in early 2026.
Ash Saluja | CMS, Tom Callaby | CMS, Ben Maconick | CMS5 min read
 
                                    
                                Our in-brief roundup of notable stories from the last week.
GRIP2 min read