News

23.05.2013Consultation on partial revision of the Circular "Operational risks at banks"The Swiss Financial Market Supervisory Authority FINMA is opening a consultation on the partial revision of FINMA Circular 2008/21 on "Operational risks at banks". While the partially revised Circular focuses on general qualitative requirements for managing operational risks, it also contains new provisions on risk-related issues. Moreover, it provides guidelines for handling electronic client data. The consultation closes on 1 July 2013. +++
08.05.2013Eugenio Brianti announces his departure from the FINMA Board of DirectorsEugenio Brianti will step down from the Board of Directors of the Swiss Financial Market Supervisory Authority FINMA at the end of June 2013. +++
07.05.2013Änderung des Anhangs 7 der Verordnung vom 8. Juni 2012 über Massnahmen gegenüber Syrien (SR 946.231.172.7)+++
07.05.2013Änderung des Anhangs der Verordnung vom 22. Juni 2005 über Massnahmen gegenüber der Demokratischen Republik Kongo (SR 946.231.12)+++
07.05.2013Änderung des Anhangs 2 der Verordnung über Massnahmen gegenüber Personen und Organisationen mit Verbindung zu Usama bin Laden, der Gruppierung "Al-Qaïda" oder den Taliban (SR 946.203)+++
01.05.2013Partial revision of Article 11 para. 2 of the FINMA Stock Exchange Ordinance: Disclosure requirements now also apply to companies domiciled abroadSubsequent to the revision of the Stock Exchange Act, an adjustment has been made to the FINMA Stock Exchange Ordinance. The obligation to notify now also applies to companies domiciled abroad whose equity securities are, in whole or in part, mainly listed in Switzerland. The Swiss Financial Market Supervisory Authority FINMA has therefore amended Article 11 para. 2 of the FINMA Stock Exchange Ordinance. All the revised legislation, i.e. the Stock Exchange Act, the Stock Exchange Ordinance and the FINMA Stock Exchange Ordinance, comes into force on 1 May 2013. +++
18.04.2013Technical problems encountered when notifying News Service users about the consultation on FINMA Circular "Distribution of collective investment schemes"Due to server migration, FINMA's notification about the consultation on its circular "Distribution of collective investment schemes" sent out on Monday, 15 April 2013 encountered a technical problem. This meant that the notification was repeatedly sent to some News Service registered users while others did not receive any email. +++
18.04.2013Änderung des Anhangs 2 der Verordnung über Massnahmen gegenüber Personen und Organisationen mit Verbindung zu Usama bin Laden, der Gruppierung "Al-Qaïda" oder den Taliban (SR 946.203)+++
18.04.2013Verordnung vom 1. Juni 2012 über Massnahmen gegenüber Guinea-Bissau (SR 946.231.138.3)+++
18.04.2013Änderung des Anhangs der Verordnung vom 25. Mai 2005 über Massnahmen gegenüber Sudan (SR 946.231.18)+++
18.04.2013Änderung der Anhänge 1 und 2 der Verordnung vom 19. Januar 2005 über Massnahmen gegenüber Liberia (SR 946.231.16)+++
18.04.2013Änderung von Anhang 2 der Verordnung vom 19. März 2002 über Massnahmen gegenüber Simbabwe (SR 946.209.2)+++
15.04.2013Consultation on FINMA Circular "Distribution of collective investment schemes"The Swiss Financial Market Supervisory Authority FINMA is fully revising FINMA Circular 2008/8 on "Public advertising – collective investment schemes" and is opening a consultation to this purpose. The new Circular will now be entitled "Distribution of collective investment schemes" and will take account of the revised Collective Investment Schemes Act (CISA) and the Collective Investment Schemes Ordinance (CISO) that came into force on 1 March 2013. The consultation will run until 3 June 2013. +++
12.04.2013Wichtig: Technische Störung bewirkt Ausfall der E-MailverbindungAufgrund einer technischen Störung im Raum Bern ist auch die Eidg. Finanzmarktaufsicht FINMA heute Freitag, den 12. April 2013 den ganzen Tag vom E-Mail-Verkehr abgeschnitten. Es können weder E-Mails empfangen, noch gesendet werden. Die Telefonverbindungen sind nicht vom Ausfall betroffen. Wir gehen davon aus, dass die Netzwerkpanne im Verlauf des Wochenendes behoben wird und die FINMA aller spätestens am Montag, den 15. April 2013 wieder normal erreichbar sein wird. Besten Dank für die Kenntnisnahme und das Verständnis. +++
27.03.2013Notification of bankruptcy proceedingsThe Swiss Financial Market Supervisory Authority FINMA has opened bankruptcy proceedings. +++
27.03.2013FINMA opens consultation on fully revised circular "Market conduct rules"The Swiss Financial Market Supervisory Authority FINMA can now take action against all persons who use insider information or engage in market manipulation. Following the revision of the Stock Exchange Act and the Stock Exchange Ordinance, FINMA is fully revising Circular 08/38 on "Market conduct rules". Together with the section on general market supervision, the full revision also includes the part on specific organisational provisions for FINMA-supervised institutions. The consultation runs until 13 May 2013.
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26.03.2013FINMA Annual Media Conference 2013: Demanding tasks in a challenging environment2012 posed numerous challenges for FINMA at all levels. Much work was put into intensively supervising exposed areas in the financial sector. Last year, FINMA also concluded large-scale proceedings against supervised institutions. Key regulatory projects progressed well or were implemented. At strategic level, FINMA defined new strategic goals in line with which it will carry out its activities in the next four years. +++
26.03.2013Änderung von Anhang 3 der Verordnung vom 25. Oktober 2006 über Massnahmen gegenüber der Demokratischen Volksrepublik Korea (Nordkorea) (SR 946.231.127.6)+++
26.03.2013Änderung der Anhänge 5 und 6 der Verordnung über Massnahmen gegenüber der Islamischen Republik Iran (SR 646.231.143.6)+++
25.03.2013FINMA opens consultation on new circular "Limitation of intra-group positions – banks"The Swiss Financial Market Supervisory Authority FINMA is opening a consultation on its new circular "Limitation of intra-group positions – banks". This circular serves to clarify the practices FINMA has employed with regard to entities that form part of a foreign financial group and have significant intra-group exposures. The circular aims to reduce the degree of financial and operational dependency within a group by means of measures ranging from introducing detailed reporting to strictly limiting certain positions. Its legal basis is the Capital Adequacy Ordinance (CAO). The consultation runs until 1 May 2013. +++
21.03.2013Änderung der Anhänge 2 bis 4 der Verordnung vom 30. März 2011 über Massnahmen gegenüber Libyen (SR 946.231.149.82)+++
15.03.2013Notification of bankruptcy proceedingsThe Swiss Financial Market Supervisory Authority FINMA has opened bankruptcy proceedings. +++
11.03.2013Änderung des Anhangs 2 der Verordnung über Massnahmen gegenüber Personen und Organisationen mit Verbindung zu Usama bin Laden, der Gruppierung "Al-Qaïda" oder den Taliban (SR 946.203)+++
07.03.2013Notification of bankruptcy proceedingsThe Swiss Financial Market Supervisory Authority FINMA has opened bankruptcy proceedings. +++
28.02.2013Anpassung von Anhang 2 der Verordnung über Massnahmen gegenüber Simbabwe+++
19.02.2013Collective Investment Schemes Bankruptcy Ordinance comes into forceThe Swiss Financial Market Supervisory Authority FINMA will put the FINMA Collective Investment Schemes Bankruptcy Ordinance into effect on 1 March 2013. The new ordinance details the provisions of the Collective Investment Schemes Act under bankruptcy law and sets out the procedure for bankruptcy proceedings. It renders the courses of action adopted by FINMA and the procedural steps it takes during the bankruptcy process transparent. +++
19.02.2013Änderung des Anhangs 2 der Verordnung über Massnahmen gegenüber Personen und Organisationen mit Verbindung zu Usama bin Laden, der Gruppierung "Al-Qaïda" oder den Taliban (SR 946.203)+++
13.02.2013FINMA to oversee sector-specific countercyclical capital buffer The Swiss Financial Market Supervisory Authority FINMA acknowledges the Federal Council’s decision to activate a sector-specific countercyclical capital buffer for lending secured by residential properties. It will oversee the banks' efforts to implement the measures this decision necessitates.. +++
12.02.2013Änderung des Anhangs 7 der Verordnung vom 8. Juni 2012 über Massnahmen gegenüber Syrien (SR 946.231.172.7)+++
07.02.2013Guidelines on asset management to be revisedThe Swiss Financial Market Supervisory Authority FINMA is adjusting FINMA circular 09/1 "Guidelines on asset management" and is opening a consultation in this regard. The revision foreseen will take the most recent decisions of the Federal Supreme Court on individual portfolio management into consideration as well as the amendments to the Collective Investment Schemes Act. The revised circular sets out in concrete terms the duties of asset managers. The consultation closes on 3 April 2013. +++
04.02.2013Änderung des Anhangs 2 der Verordnung über Massnahmen gegenüber Personen und Organisationen mit Verbindung zu Usama bin Laden, der Gruppierung "Al-Qaïda" oder den Taliban (SR 946.203)+++
04.02.2013Änderung des Anhangs der Verordnung vom 22. Juni 2005 über Massnahmen gegenüber der Demokratischen Republik Kongo (SR 946.231.12)+++
04.02.2013Änderung von Anhang 3 der Verordnung vom 25. Oktober 2006 über Massnahmen gegenüber der Demokratischen Volksrepublik Korea (Nordkorea) (SR 946.231.127.6)+++
22.01.2013Anpassung des Verordnungsanhangs über Massnahmen gegen gewisse Personen aus Côte d'Ivoire+++
14.01.20132012 financial reporting on occupational pension schemesPrivate Swiss life insurers have received the model for collecting data for the 2012 financial report on occupational pension schemes. They have been set a deadline of 30 April 2012 to report to FINMA on their activities in group occupational pension schemes in 2012. +++
09.01.2013FINMA comments on the partial revision of the CISO In general, FINMA welcomes the changes to the Collective Investment Schemes Act proposed by the Federal Department of Finance (FDF). Accordingly, FINMA has confined its opinion to three areas. First, a new authorisation concept for contractual investment schemes will be submitted to the FDF for examination. Further, FINMA rejects the changes relating to real estate funds which would diminish their liquidity. Finally, FINMA gives its own view on the proposal made by the FDF regarding the concept of a collective investment scheme and what it understands by "collective". +++
09.01.2013Urs Zulauf resigns from FINMA – Nina Arquint appointed to the Executive BoardExecutive Board member, Urs Zulauf, has decided to pursue his professional career outside FINMA and has handed in his resignation. FINMA expresses its deepest thanks to him for his long-standing commitment to the Financial Market Supervisory Authority. Nina Arquint will replace him on the Executive Board. +++