In the course of data collection, the concerned institutes are required to provide data on exposures, leverage, liquidity and counterparty risks of the administered or managed funds on an annual basis. The data is intended to improve the quality of supervision in the area of fund management and to better identify systemic risks. In addition, the data will allow a better assessment of the inherent risks of the financial intermediaries and their funds. International standards and regulations will also be taken into account.
The data collection is risk based. FINMA has set a threshold of CHF 500 million of net fund assets for Swiss funds and CHF 500 million plus alternative investment strategy for foreign funds above which the data is requested. This means that smaller funds with no impact on system stability will not be included in the data collection.
The information provided in the survey should relate to the reference date of December 31 each year. The data collection is published in the EHP in early December and the deadline for submission is the end of March of the following year.