Legal basis for collective investment schemes

The financial market legislation governing the supervision of collective investment schemes derives from one federal act, one Federal Council ordinance and two FINMA ordinances.

Collective Investment Schemes Act

This federal act is designed to protect investors and ensure transparency and a properly functioning market for collective investment schemes.

Collective Investment Schemes Ordinance

The Collective Investment Schemes Ordinance further defines the provisions of CISA.

FINMA Collective Investment Schemes Ordinance

This FINMA ordinance further defines the provisions contained in CISA.

FINMA Collective Investment Schemes Bankruptcy Ordinance

This FINMA ordinance further defines the bankruptcy proceedings for licensed institutions set out in CISA.