FINMA is tasked with protecting investors, creditors and policyholders. It also ensures that the financial markets in Switzerland function properly. Part of its statutory mandate is therefore to publish information for individuals, issue public warnings and receive well-founded complaints from the public about licence holders.
Unscrupulous providers can also be encountered in the area of FinTech services.
You should be suspicious about calls or emails claiming to be from FINMA because as a rule FINMA does not contact individuals.
Supervision of the financial market and financial institutions: This video explains FINMA's role and its main responsibilities.
Fraudulent and illegal service providers who are intent on making money out of unsuspecting investors are a constant factor on the financial market. This video gives practical tips on how you can protect yourself against them.
FINMA publishes a list of providers who may be operating illegally. This video shows how and when FINMA uses its warning list.
Websites can be “cloned” or the name of an authorised company or SRO member used to give credibility to an unauthorised provider. Read our advice. If in doubt, contact FINMA.
No address on the provider’s website? Be careful, do your research! If a foreign business address is provided, ask the financial market supervisory authority of the relevant country about the credibility of the provider.
Supervision of the financial market and financial institutions