Compliance

Compliance Corner: St Gotthard Fund Management, FINMA

Editorial Staff, 4 February 2022

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The latest compliance news: regulatory developments, punishments, guidance, permissions and new product and service offerings.

St Gotthard Fund Management
St Gotthard Fund Management has obtained the Swiss Financial Market Supervisory Authority (FINMA) licence as a portfolio manager. 

The licence will be required by 2023 under the Swiss Financial Services Act (“FinSA”) and the Swiss Federal Act on Financial Institutions (“FinIA”).

“Being among the first of over 2,000 external asset managers in Switzerland to obtain the licence is a great recognition of our diligence and continued commitment to applying the highest industry standards,” Stefan Bollhalder, chief executive and co-founder of STGFM, said. “This milestone ushers in the next phase of actively growing our asset base. There are many like-minded client advisors with an existing client book who are today unwilling to directly obtain their own FINMA licence, and STGFM is now open and ready to onboard them.”

SwissComply Ltd acted as STGFM’s compliance partner.

To see an article about FINMA’s objectives for the regulatory changes, click here.

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