Dossier on portfolio managers and trustees

Portfolio managers and trustees must be authorised by FINMA in order to carry out their activities and are supervised by a supervisory organisation. The authorisation conditions are set out in the Financial Institutions Act (FinIA). Details of the authorisation process, transitional provisions and information about further topics as well as developments are provided on this page.
FINMA Key message

Licensing as a challenge and as a seal of quality

Dossier Vermögensverwaltung und Trustees

A licence from the supervisory authority for portfolio managers and trustees is a seal of quality. Those financial institutions that view the licensing requirement as an opportunity to improve their organisational structures and to meet the requirements of the FinSA and the FinIA are able to provide proof that they are acting in accordance with the high standards of quality expected by the legislator and FINMA.

To the content
Questions and answers related to FinIA

FinIA for portfolio managers and trustees

Dossier Vermögensverwalter und Trustees

The Financial Institutions Act (FinIA) took effect on 1 January 2020. It sets out the authorisation conditions for portfolio managers and trustees. Important information about the FinIA for portfolio managers and trustees is provided here in the form of questions and answers.

To the content
Presentation FINMA 2020

New regime for portfolio managers and trustees

The FinSA and the FinIA have brought with them a new regime for portfolio managers and trustees. In 2020 FINMA has provided information about the diverse industry and about its preparations for the entry into force of the FinSA and the FinIA.

To the content
Presentation FINMA 2021

Initial experiences with the licensing process for portfolio managers and trustees

Based on its initial experiences, FINMA set out its expectations and where it sees challenges. It explained its risk-based licensing approach and the concept of high-risk business models.

To the content

Backgroundimage