New financial market law: first experiences of implementation
The new Swiss financial market regulation has been in force since the beginning of 2020. What are the initial experiences and findings of this change in practice? What are the major challenges for asset managers, investment advisors, representatives and fund management companies?
Veronika Britt, Senior Manager in Audit Financial Services at Grant Thornton Switzerland/Liechtenstein, discussed the implementation of the FIDLEG and FINIG in an interview with the B2B editorial team, and advises independent asset managers to be well-positioned within the framework of the new regulatory conditions, with regard to the instruction system and risk management, and to conduct a limited audit.