CINXE.COM
Welcome to the Swiss Financial Market Supervisory Authority FINMA | FINMA
<!DOCTYPE html> <!--[if IE 9 ]> <html class="ie9"><![endif]--> <!--[if (gt IE 9)|!(IE)]><!--> <html> <!--<![endif]--> <head> <link href="/Frontend/Finma/default.min.css" rel="stylesheet" type="text/css" /> <link href="/Frontend/Finma/app.min.css?v=3.5.0" rel="stylesheet" type="text/css" /> <meta http-equiv="X-UA-Compatible" content="IE=Edge,chrome=1" /> <title>Welcome to the Swiss Financial Market Supervisory Authority FINMA | FINMA</title> <meta http-equiv="Content-Type" content="text/html; charset=utf-8" /> <meta name="rating" content="general" /> <meta name="distribution" content="global" /> <meta name="Content-Language" content="en" /> <meta name="language" content="en" /> <meta name="description" content="Welcome to the Swiss Financial Market Supervisory Authority FINMA" /> <meta name="keywords" content="Swiss, Financial, Market, Supervisory, Authority, FINMA" /> <meta name="author" content="Eidgenössische Finanzmarktaufsicht FINMA" /> <link rel="canonical" href="https://www.finma.ch/"> <link rel="alternate" hreflang="en" href="https://www.finma.ch/en/" /> <link rel="alternate" hreflang="de" href="https://www.finma.ch/de/" /> <link rel="alternate" hreflang="fr" href="https://www.finma.ch/fr/" /> <link rel="alternate" hreflang="it" href="https://www.finma.ch/it/" /> <link rel="alternate" hreflang="x-default" href="https://www.finma.ch/" /> <meta name="viewport" id="viewport-meta" content="width=device-width, initial-scale=1.0, maximum-scale=1.0"> <link rel="shortcut icon" href="/Frontend/Finma/assets/img/icon/favicon.ico" type="image/x-icon" /> <link rel="apple-touch-icon" href="/Frontend/Finma/assets/img/icon/apple-touch-icon.png" /> <link rel="apple-touch-icon-precomposed" href="/Frontend/Finma/assets/img/icon/apple-touch-icon-precomposed.png" /> <link rel="shortcut icon" href="/Frontend/Finma/assets/img/icon/favicon.ico" type="image/x-icon" /> <link rel="apple-touch-icon" href="/Frontend/Finma/assets/img/icon/apple-touch-icon.png" /> <link rel="apple-touch-icon-precomposed" href="/Frontend/Finma/assets/img/icon/apple-touch-icon-precomposed.png" /> <meta name="application-name" content="FINMA" /> <meta name="msapplication-TileColor" content="#FFFFFF" /> <meta name="msapplication-TileImage" content="/Frontend/Finma/assets/img/icon/tile-icon.png" /> <meta name="msapplication-config" content="none" /> <script src="/Frontend/Finma/assets/js/app/modernizr.custom.js" type="text/javascript"></script> <!--[if lt IE 10]> <script src="/Frontend/Finma/assets/js/app/media.match.min.js"></script> <![endif]--> <!-- Matomo Tag Manager --> <script> var _mtm = window._mtm = window._mtm || []; _mtm.push({'mtm.startTime': (new Date().getTime()), 'event': 'mtm.Start'}); _mtm.push({'page_type': "content", event: "mtm.pageView", }); var d=document, g=d.createElement('script'), s=d.getElementsByTagName('script')[0]; g.async=true; g.src='https://insights.finma.ch/js/container_bgMPmEU1.js'; s.parentNode.insertBefore(g,s); </script> <!-- End Matomo Tag Manager --> <!-- TwitterCards --> <meta name="twitter:card" content="summary"> <meta name="twitter:title" content="Welcome to the Swiss Financial Market Supervisory Authority FINMA"> <meta name="twitter:description" content="Welcome to the Swiss Financial Market Supervisory Authority FINMA"> <meta name="twitter:image" content="https://www.finma.ch/~/media/finma/images/logo/finma-logo.png"> <!-- OpenGraph --> <meta property="og:type" content="website"> <meta property="og:url" content="https://www.finma.ch/en/"> <meta property="og:site_name" content="Eidgenössische Finanzmarktaufsicht FINMA"> <meta property="og:title" content="Welcome to the Swiss Financial Market Supervisory Authority FINMA"> <meta property="og:description" content="Welcome to the Swiss Financial Market Supervisory Authority FINMA"> <meta property="og:image" content="https://www.finma.ch/~/media/finma/images/logo/finma-logo.png"> </head> <body class="mod mod-layout" data-culture="de-CH"> <div class="l-page"> <header class="l-head" role="banner"> <div class="l-wrap"> <a class="e-btn btn-search-mobile js-btn-search-mobile" href="/en/search/" aria-label="search icon"></a> <a href="javascript:;" class="e-btn btn-navmain-mobile js-btn-navmain-mobile" aria-label="mobile menu"></a> <div class="g-row l-service js-l-service"> <div class="g-cell left"> <div class="mod-nav-meta"> <ul class="nav-meta-list"> <li class="nav-meta-list-item"> <a class=" state-active" href="/en/" title="Home" target=""> Home </a> </li> <li class="nav-meta-list-item"> <a class=" " href="/en/media/" title="Media" target=""> Media </a> </li> <li class="nav-meta-list-item"> <a class=" " href="/en/finma/working-at-finma/current-vacancies/" accesskey="0" title="Jobs" target=""> Jobs </a> </li> <li class="nav-meta-list-item"> <a class=" " href="/en/contact/" title="Contact" target=""> Contact </a> </li> <li class="nav-meta-list-item"> <a class=" " href="https://portal.finma.ch/auth-login/ui/app/auth/application/access?lang=en" title="FINMA portal" target="_blank"> FINMA portal </a> </li> </ul> </div> </div> <div class="g-cell right"> <div class="mod mod-nav-service"> <ul class="nav-service-list"> <li> <ul class="quick-btn-links"> <li> <a href="/en/news/" class="e-btn btn-navigation " accesskey="6" title="News" target=""> <i class="glyph-news"></i> News </a> </li> <li> <a href="/en/documents/" class="e-btn btn-navigation " title="Documents" target=""> <i class="glyph-documents"></i> Documents </a> </li> </ul> </li> <li class="service-links-item"> <ul class="service-links"> <li class="service-links-watchlist-item"> <a href="/en/personal-download-list/" class="service-icon-watchlist" title="Merkliste"> <div class="glyph-folder"> <span class="service-notification-circle"> <span class="service-notification-number" data-getcounturl="/api/watchlist/GetCount">0</span> </span> </div> </a> </li> <li class="service-links-lock-item"> <a class="icon-login" title="MyFINMA" href="/en/myfinma/">MyFINMA</a> </li> <li class="service-link-search-item"> <a href="/en/search/" class="icon-magnifier" accesskey="4" title="Search"><span class="glyph-search"></span></a> </li> <li class="service-link-language service-link-language-item js-service-link-language-item"> <ul class="service-link-language-list" accesskey="8" title="Language list"> <li><a class="service-link-language-item js-service-link-language-list active" href="javascript:;" title="EN"> EN </a></li> <li><a class="service-link-language-item js-service-link-language-list" href="/de/" title="DE">DE</a></li> <li><a class="service-link-language-item js-service-link-language-list" href="/fr/" title="FR">FR</a></li> <li><a class="service-link-language-item js-service-link-language-list" href="/it/" title="IT">IT</a></li> </ul> </li> </ul> </li> </ul> </div> </div> </div> <div class="g-row l-logo"> <div class="mod-logo"> <a href="/en/" accesskey="0" title="Finma Logo"> <img src="/~/media/finma/images/logo/finma-logo.png?h=94&iar=0&w=412&hash=A19C8B9DCA22533F4FECCCAE2CBFFAA1" alt="FINMA" width="412" height="94" /> </a> </div> </div> <nav class="g-row l-nav js-l-nav"> <div class="mod mod-nav-main" data-page="home"> <ul class="nav-main-list js-nav-main-list" role="navigation"> <a href="#navigation" name="navigation" accesskey="1" title="Menu 1"></a> <li class="main-list-item js-main-list-item" role="presentation" aria-haspopup="true"> <h2 class="main-list-link js-main-list-link">Authorisation</h2> <ul class="main-flyout js-main-flyout" role="menu" aria-expanded="false"> <li class="g-row" role="presentation"> <div class="g-cell s-1of3 flyout-column-left"> <div class="flyout-column-left-wrap e-text"> <div class="flyout-column-left-title">Authorised or registered institutions, persons and products</div> <div class="flyout-column-text-box"> <div class="text-image pull-left"> <img src="/~/media/finma/images/menuicons/finma_icon_bewilligung.png?h=64&iar=0&w=64&hash=C59AF4AB210953925B44A1CBEDE5FD8F" alt="Authorisation icon" width="64" height="64" /> </div> <div class="flyout-column-text">These companies, persons and products have a licence and are permitted to operate on the financial market.</div> </div> </div> </div> <div class="g-cell s-1of3 flyout-column-center"> <div class="flyout-column-center-wrap"> <span class="flyout-column-title">Getting authorised</span> <ul class="flyout-column-list" role="menu"> <li role="presentation"> <a href="/en/authorisation/authorisation-overview/" title="Authorisation" role="menuitem">Authorisation</a> </li> <li role="presentation"> <a href="/en/authorisation/types-of-licensing/" title="Types of authorisation" role="menuitem">Types of authorisation</a> </li> <li role="presentation"> <a href="/en/authorisation/banks-and-securities-firms/" title="Banks and securities firms" role="menuitem">Banks and securities firms</a> </li> <li role="presentation"> <a href="/en/authorisation/insurers/" title="Insurers" role="menuitem">Insurers</a> </li> <li role="presentation"> <a href="/en/authorisation/insurance-intermediaries/" title="Insurance intermediaries" role="menuitem">Insurance intermediaries</a> </li> <li role="presentation"> <a href="/en/authorisation/asset-management/" title="Asset management" role="menuitem">Asset management</a> </li> <li role="presentation"> <a href="/en/authorisation/portfolio-managers-and-trustees/" title="Portfolio managers and trustees" role="menuitem">Portfolio managers and trustees</a> </li> <li role="presentation"> <a href="/en/authorisation/supervisory-organisations/" title="Supervisory organisations" role="menuitem">Supervisory organisations</a> </li> <li role="presentation"> <a href="/en/authorisation/vertretungen-auslaendischer-finanzinstitute-gemaess-finig/" title="Representative offices of financial institutions based outside Switzerland under FinIA" role="menuitem">Representative offices of financial institutions based outside Switzerland under FinIA</a> </li> <li role="presentation"> <a href="/en/authorisation/self-regulatory-organisations-sros/" title="Self-regulatory organisations (SROs)" role="menuitem">Self-regulatory organisations (SROs)</a> </li> <li role="presentation"> <a href="/en/authorisation/financial-market-infrastructures-and-foreign-market-participants/" title="Financial market infrastructures and foreign market participants" role="menuitem">Financial market infrastructures and foreign market participants</a> </li> <li role="presentation"> <a href="/en/authorisation/rating-agencies/" title="Rating agencies" role="menuitem">Rating agencies</a> </li> <li role="presentation"> <a href="/en/authorisation/registrierungsstelle/" title="Registration body" role="menuitem">Registration body</a> </li> <li role="presentation"> <a href="/en/authorisation/ombudsmen-for-financial-service-providers/" title="Ombudsmen for financial service providers" role="menuitem">Ombudsmen for financial service providers</a> </li> <li role="presentation"> <a href="/en/authorisation/pruefstelle-fuer-prospekte/" title="Reviewing body for prospectuses" role="menuitem">Reviewing body for prospectuses</a> </li> <li role="presentation"> <a href="/en/authorisation/fintech/" title="FinTech" role="menuitem">FinTech</a> </li> </ul> </div> </div> <div class="g-cell s-1of3 flyout-column-right"> <div class="flyout-column-right-wrap"> <a class="flyout-column-link" href="/en/finma-public/authorised-institutions-individuals-and-products/">Authorised or registered institutions, persons and products</a> <div class="flyout-column-text">These companies, persons and products have a licence and are permitted to operate on the financial market.</div> <a class="flyout-column-link" href="/en/finma-public/warnungen/">Warning list</a> <div class="flyout-column-text">These companies are not authorised and may be engaging in financial market activity without the requisite licence.</div> </div> </div> </li> </ul> </li> <li class="main-list-item js-main-list-item" role="presentation" aria-haspopup="true"> <h2 class="main-list-link js-main-list-link">Supervision</h2> <ul class="main-flyout js-main-flyout" role="menu" aria-expanded="false"> <li class="g-row" role="presentation"> <div class="g-cell s-1of3 flyout-column-left"> <div class="flyout-column-left-wrap e-text"> <a class="flyout-column-link" href="/en/supervision/our-approach-to-supervision/">Our approach to supervision</a> <div class="flyout-column-text-box"> <div class="text-image pull-left"> <img src="/~/media/finma/images/menuicons/finma_icon_ueberwachung.png?h=64&iar=0&w=64&hash=EBB252A54B6BD7EA0CDB0475CA196855" alt="Supervision icon" width="64" height="64" /> </div> <div class="flyout-column-text">FINMA’s core task is prudential supervision of the financial market. It also uses private audit companies to extend its reach.</div> </div> </div> </div> <div class="g-cell s-1of3 flyout-column-center"> <div class="flyout-column-center-wrap"> <span class="flyout-column-title">Information about supervision of…</span> <ul class="flyout-column-list" role="menu"> <li role="presentation"> <a href="/en/supervision/our-approach-to-supervision/" title="Our approach to supervision" role="menuitem">Our approach to supervision</a> </li> <li role="presentation"> <a href="/en/supervision/cross-sector-issues/" title="Cross-sector issues" role="menuitem">Cross-sector issues</a> </li> <li role="presentation"> <a href="/en/supervision/banks-and-securities-firms/" title="Banks and securities firms" role="menuitem">Banks and securities firms</a> </li> <li role="presentation"> <a href="/en/supervision/insurers/" title="Insurers" role="menuitem">Insurers</a> </li> <li role="presentation"> <a href="/en/supervision/versicherungsvermittler/" title="Insurance intermediaries" role="menuitem">Insurance intermediaries</a> </li> <li role="presentation"> <a href="/en/supervision/asset-management/" title="Asset Management" role="menuitem">Asset Management</a> </li> <li role="presentation"> <a href="/en/supervision/portfolio-managers-and-trustees/" title="Portfolio managers and trustees" role="menuitem">Portfolio managers and trustees</a> </li> <li role="presentation"> <a href="/en/supervision/supervisory-organisations/" title="Supervisory organisations" role="menuitem">Supervisory organisations</a> </li> <li role="presentation"> <a href="/en/supervision/self-regulatory-organisations-sros/" title="Self-regulatory organisations (SROs)" role="menuitem">Self-regulatory organisations (SROs)</a> </li> <li role="presentation"> <a href="/en/supervision/financial-market-infrastructures/" title="Financial market infrastructures" role="menuitem">Financial market infrastructures</a> </li> <li role="presentation"> <a href="/en/supervision/central-mortgage-bond-institutions/" title="Central mortgage bond institutions" role="menuitem">Central mortgage bond institutions</a> </li> <li role="presentation"> <a href="/en/supervision/fintech/" title="FinTech" role="menuitem">FinTech</a> </li> </ul> </div> </div> <div class="g-cell s-1of3 flyout-column-right"> <div class="flyout-column-right-wrap"> <a class="flyout-column-link" href="/en/supervision/banks-and-securities-firms/categorisation/">Risk categories in the banking sector</a> <div class="flyout-column-text">FINMA assigns banks to different risk categories.</div> <a class="flyout-column-link" href="/en/supervision/insurers/categorisation/">Risk categories in the insurance sector</a> <div class="flyout-column-text">FINMA assigns insurers to different risk categories.</div> </div> </div> </li> </ul> </li> <li class="main-list-item js-main-list-item" role="presentation" aria-haspopup="true"> <h2 class="main-list-link js-main-list-link">Enforcement</h2> <ul class="main-flyout js-main-flyout" role="menu" aria-expanded="false"> <li class="g-row" role="presentation"> <div class="g-cell s-1of3 flyout-column-left"> <div class="flyout-column-left-wrap e-text"> <a class="flyout-column-link" href="/en/enforcement/all-about-enforcement/">Enforcing supervisory law</a> <div class="flyout-column-text-box"> <div class="text-image pull-left"> <img src="/~/media/finma/images/menuicons/finma_icon_durchsetzung.png?h=64&iar=0&w=64&hash=DD5B067C17728DE511F0D115D366BC67" alt="Enforcement icon" width="64" height="64" /> </div> <div class="flyout-column-text"><p style="margin: 0cm 0cm 0pt;">Where necessary, FINMA enforces supervisory law using coercive measures under administrative law. Find out about its powers, approach and measures for dealing with violations of the law here.</p></div> </div> </div> </div> <div class="g-cell s-1of3 flyout-column-center"> <div class="flyout-column-center-wrap"> <span class="flyout-column-title">Enforcement topics</span> <ul class="flyout-column-list" role="menu"> <li role="presentation"> <a href="/en/enforcement/all-about-enforcement/" title="All about Enforcement" role="menuitem">All about Enforcement</a> </li> <li role="presentation"> <a href="/en/enforcement/licence-holders/" title="Licence holders" role="menuitem">Licence holders</a> </li> <li role="presentation"> <a href="/en/enforcement/unauthorised-activities/" title="Unauthorised activities" role="menuitem">Unauthorised activities</a> </li> <li role="presentation"> <a href="/en/enforcement/market-supervision/" title="Market supervision" role="menuitem">Market supervision</a> </li> <li role="presentation"> <a href="/en/enforcement/enforcement-tools/" title="Enforcement tools" role="menuitem">Enforcement tools</a> </li> <li role="presentation"> <a href="/en/enforcement/database-for-assessing-fitness-and-propriety-requirements/" title="Database for assessing fitness and propriety requirements" role="menuitem">Database for assessing fitness and propriety requirements</a> </li> <li role="presentation"> <a href="/en/enforcement/recovery-and-resolution/" title="Recovery and resolution" role="menuitem">Recovery and resolution</a> </li> <li role="presentation"> <a href="/en/enforcement/national-and-international-cooperation/" title="National and international cooperation" role="menuitem">National and international cooperation</a> </li> <li role="presentation"> <a href="/en/enforcement/parties-rights-and-obligations/" title="Rights and obligations" role="menuitem">Rights and obligations</a> </li> <li role="presentation"> <a href="/en/enforcement/case-reports-and-court-decisions/" title="Case reports and court decisions" role="menuitem">Case reports and court decisions</a> </li> </ul> </div> </div> <div class="g-cell s-1of3 flyout-column-right"> <div class="flyout-column-right-wrap"> <a class="flyout-column-link" href="/en/documentation/finma-publications/kennzahlen-und-statistiken/statistiken/enforcement/">Enforcement report</a> <div class="flyout-column-text">The enforcement report contains anonymised case studies that offer a more in-depth insight into FINMA’s enforcement activities.</div> <a class="flyout-column-link" href="/en/finma-public/warnungen/">Warning list</a> <div class="flyout-column-text">This is a list of companies and individuals that may be operating without the requisite FINMA authorisation.</div> </div> </div> </li> </ul> </li> <li class="main-list-item js-main-list-item" role="presentation" aria-haspopup="true"> <h2 class="main-list-link js-main-list-link">Documentation</h2> <ul class="main-flyout js-main-flyout" role="menu" aria-expanded="false"> <li class="g-row" role="presentation"> <div class="g-cell s-1of3 flyout-column-left"> <div class="flyout-column-left-wrap e-text"> <a class="flyout-column-link" href="/en/documentation/finma-s-legal-basis/">FINMA’s legal basis</a> <div class="flyout-column-text-box"> <div class="text-image pull-left"> <img src="/~/media/finma/images/menuicons/finma_icon_dokumentation.png?h=64&iar=0&w=64&hash=42C3971FE452D2643DEB60C25197EEC0" alt="Documentation icon" width="64" height="64" /> </div> <div class="flyout-column-text">The financial market laws and the Financial Market Supervision Act provide the basis for FINMA’s activities. FINMA reports in detail on the fulfilment of its aims.</div> </div> </div> </div> <div class="g-cell s-1of3 flyout-column-center"> <div class="flyout-column-center-wrap"> <span class="flyout-column-title">Information on…</span> <ul class="flyout-column-list" role="menu"> <li role="presentation"> <a href="/en/documentation/finma-s-legal-basis/" title="Legal basis for FINMA’s activities" role="menuitem">Legal basis for FINMA’s activities</a> </li> <li role="presentation"> <a href="/en/documentation/legal-basis/" title="Legal basis" role="menuitem">Legal basis</a> </li> <li role="presentation"> <a href="/en/documentation/circulars/" title="Circulars" role="menuitem">Circulars</a> </li> <li role="presentation"> <a href="/en/documentation/consultations/" title="Consultations and evaluations" role="menuitem">Consultations and evaluations</a> </li> <li role="presentation"> <a href="/en/documentation/finma-s-position/" title="FINMA position statements" role="menuitem">FINMA position statements</a> </li> <li role="presentation"> <a href="/en/documentation/finma-guidance/" title="FINMA Guidance" role="menuitem">FINMA Guidance</a> </li> <li role="presentation"> <a href="/en/documentation/finma-publications/" title="FINMA publications" role="menuitem">FINMA publications</a> </li> <li role="presentation"> <a href="/en/documentation/finma-videos/" title="FINMA videos" role="menuitem">FINMA videos</a> </li> <li role="presentation"> <a href="/en/documentation/dossier/" title="Dossiers" role="menuitem">Dossiers</a> </li> <li role="presentation"> <a href="/en/documentation/enforcement-reporting/" title="Enforcement reporting" role="menuitem">Enforcement reporting</a> </li> <li role="presentation"> <a href="/en/documentation/insurance-law-rulings/" title="Insurance law rulings" role="menuitem">Insurance law rulings</a> </li> <li role="presentation"> <a href="/en/documentation/self-regulation/" title="Self-regulation" role="menuitem">Self-regulation</a> </li> <li role="presentation"> <a href="/en/documentation/international-sanctions-and-combating-terrorism/" title="Sanctions and FATF statements" role="menuitem">Sanctions and FATF statements</a> </li> <li role="presentation"> <a href="/en/documentation/archiv/" title="Archive" role="menuitem">Archive</a> </li> </ul> </div> </div> <div class="g-cell s-1of3 flyout-column-right"> <div class="flyout-column-right-wrap"> <a class="flyout-column-link" target="_blank" rel="noopener noreferrer" href="http://www.admin.ch/opc/en/classified-compilation/20052624/index.html">Financial Market Supervision Act</a> <div class="flyout-column-text">The legal basis for FINMA as an authority, setting out its tasks and powers.</div> <a class="flyout-column-link" href="/en/documentation/finma-publications/annual-reports--and-financial-statements/">Annual report and financial statements</a> <div class="flyout-column-text">FINMA gives a full account of its activities in its annual report.</div> </div> </div> </li> </ul> </li> <li class="main-list-item js-main-list-item" role="presentation" aria-haspopup="true"> <h2 class="main-list-link js-main-list-link">FINMA</h2> <ul class="main-flyout js-main-flyout" role="menu" aria-expanded="false"> <li class="g-row" role="presentation"> <div class="g-cell s-1of3 flyout-column-left"> <div class="flyout-column-left-wrap e-text"> <a class="flyout-column-link" href="/en/finma/finma-an-overview/">FINMA – an overview</a> <div class="flyout-column-text-box"> <div class="text-image pull-left"> <img src="/~/media/finma/images/menuicons/finma_icon_behoerde.png?h=64&iar=0&w=64&hash=ED57AB81A75632D24584A132CD7D6DE6" alt="FINMA icon" width="64" height="64" /> </div> <div class="flyout-column-text">As an independent supervisor of the Swiss financial market, FINMA is institutionally, functionally and financially independent.</div> </div> </div> </div> <div class="g-cell s-1of3 flyout-column-center"> <div class="flyout-column-center-wrap"> <span class="flyout-column-title"></span> <ul class="flyout-column-list" role="menu"> <li role="presentation"> <a href="/en/finma/finma-an-overview/" title="FINMA – an overview " role="menuitem">FINMA – an overview </a> </li> <li role="presentation"> <a href="/en/finma/supervisory-objectives/" title="Supervisory objectives" role="menuitem">Supervisory objectives</a> </li> <li role="presentation"> <a href="/en/finma/organisation/" title="Organisation" role="menuitem">Organisation</a> </li> <li role="presentation"> <a href="/en/finma/working-at-finma/" title="Working at FINMA" role="menuitem">Working at FINMA</a> </li> <li role="presentation"> <a href="/en/finma/activities/" title="Activities" role="menuitem">Activities</a> </li> <li role="presentation"> <a href="/en/finma/auditing/" title="Auditing" role="menuitem">Auditing</a> </li> <li role="presentation"> <a href="/en/finma/finma-mandataries/" title="FINMA mandataries" role="menuitem">FINMA mandataries</a> </li> <li role="presentation"> <a href="/en/finma/national-cooperation/" title="National cooperation" role="menuitem">National cooperation</a> </li> <li role="presentation"> <a href="/en/finma/international-activities/" title="International activities" role="menuitem">International activities</a> </li> <li role="presentation"> <a href="/en/finma/digital-exchange/" title="Digital exchange" role="menuitem">Digital exchange</a> </li> <li role="presentation"> <a href="/en/finma/making-a-report/" title="Making a report" role="menuitem">Making a report</a> </li> </ul> </div> </div> <div class="g-cell s-1of3 flyout-column-right"> <div class="flyout-column-right-wrap"> <a class="flyout-column-link" target="_blank" rel="noopener noreferrer" href="/~/media/finma/dokumente/dokumentencenter/myfinma/6finmapublic/finma-ein-portraet.pdf?sc_lang=en&hash=0CADEB898C65A2CEAF6A410126A5190A">FINMA: A Portrait</a> <div class="flyout-column-text"><p style="margin: 0cm 0cm 0pt;"><span>Supervision of the financial sector calls for a strong, competent, independent regulator. This brochure illustrates how FINMA meets these criteria.</span></p></div> <a class="flyout-column-link" href="/en/documentation/finma-publications/annual-reports--and-financial-statements/">Annual Report</a> <div class="flyout-column-text">FINMA accounts for its supervisory activities in its annual report and annual financial statements.</div> </div> </div> </li> </ul> </li> <li class="finma-public-item" style="display: block;" role="presentation" aria-haspopup="true"> <a class="e-btn btn-finma-public" role="menuitem" title="FINMA Public" href="/en/finma-public/">FINMA Public</a> </li> </ul> </div> </nav> </div> </header> <div class="l-body"> <div class="l-background"> <div class="mod-stage js-stage"> <div class="stage-claim l-wrap"> <h3 class="stage-claim-title">Swiss Financial Market Supervisory Authority FINMA</h3> </div> </div> </div> <div class="l-content-wrapper l-wrap"> <div class="g-row"> <div class="g-cell s-flex"> <div class="l-content l-left--right"> <div class="l-main"> <div class="e-text text-heading-underline"> <h1>Welcome</h1> <a class="e-btn btn-icon icon-rss" href="/en/rss/" rel="alternate" type="application/rss+xml" title=""></a> </div> <div class="mod mod-slider"> <div class="slider js-slider" data-width="640" data-height="380" data-interval="10" data-autoplay="true" data-pause="10"> <div class="slider-item"> <a href="/en/documentation/finma-publications/reports/risikomonitor/" title="" target=""> <div class="slider-box js-slider-box"> <div class="slider-image"> <img src="/~/media/finma/images/slider/img-slider-rm-24.png?h=290&iar=0&w=220&sc_lang=en&hash=0DF82B9940ADED7468DE94F8BCA430C2" alt="FINMA RM 24" width="220" height="290" /> </div> <div class="slider-content"> <h3 class="slider-content-title">FINMA Risk Monitor 2024</h3> <p class="slider-content-text">The risk monitor provides an overview of what FINMA believes are the most important risks currently facing supervised institutions and of FINMA’s supervisory focus. </p> <span class="e-text text-link-std bold">To the content</span> </div> </div> </a> </div> <div class="slider-item"> <a href="/en/finma-public/article-series,-c-,-finma-at-work/" title="" target=""> <div class="slider-box js-slider-box"> <div class="slider-image"> <img src="/~/media/finma/images/slider/img-slider-artikelserie.png?h=290&iar=0&w=220&sc_lang=en&hash=3A68135A613C1655936CD0E06E30D53A" alt="Artikelserie FINMA" width="220" height="290" /> </div> <div class="slider-content"> <h3 class="slider-content-title">New article series: FINMA at work</h3> <p class="slider-content-text">In-depth insights and analytical explanations of current issues in financial market supervision from FINMA executives and experts. </p> <span class="e-text text-link-std bold">To the articles</span> </div> </div> </a> </div> <div class="slider-item"> <a href="/~/media/finma/dokumente/dokumentencenter/myfinma/finma-publikationen/referate-und-artikel/20241001-rede-wals-finance-forum-zh.pdf?sc_lang=en" title="" target=""> <div class="slider-box js-slider-box"> <div class="slider-image"> <img src="/~/media/finma/images/slider/img-wals-finance-forum-zh-20241001.jpg?h=290&iar=0&w=220&hash=38C3F56DE136B4330B6028396BC70220" alt="" width="220" height="290" /> </div> <div class="slider-content"> <h3 class="slider-content-title">Best-in-class supervision in times of constant change</h3> <p class="slider-content-text">FINMA’s CEO Stefan Walter gave a keynote speech at the Finance Forum Zurich entitled “Best-in-class supervision in times of constant change”.<br/> </p> <span class="e-text text-link-std bold">More information on this subject </span> </div> </div> </a> </div> <div class="slider-item"> <a href="https://www.finma.ch/en/~/media/finma/dokumente/dokumentencenter/myfinma/finma-publikationen/referate-und-artikel/20240612-rede-wals-buba.pdf?sc_lang=en" title="" target="_blank"> <div class="slider-box js-slider-box"> <div class="slider-image"> <img src="/~/media/finma/images/slider/slid-rede-wals-06-24_de.png?h=290&iar=0&w=220&sc_lang=en&hash=3E4E1F02CE441653B7636808DE3F9CE2" alt="slider" width="220" height="290" /> </div> <div class="slider-content"> <h3 class="slider-content-title">30+ years of financial crisis management – lessons learned and priorities for supervision</h3> <p class="slider-content-text">Speech given by FINMA's CEO Stefan Walter at the Bundesbank Symposium 2024 </p> <span class="e-text text-link-std bold">More information on this subject </span> </div> </div> </a> </div> <div class="slider-item"> <a href="/en/finma-public/fragen-und-probleme/zu-einer-versicherungsvermittlung/" title="" target=""> <div class="slider-box js-slider-box"> <div class="slider-image"> <img src="/~/media/finma/images/slider/slide-vv-video.png?h=290&iar=0&w=220&hash=401C381E086C6DB1EA4D57897C9E5BB7" alt="" width="220" height="290" /> </div> <div class="slider-content"> <h3 class="slider-content-title">Video on insurance intermediaries: rights of policyholders</h3> <p class="slider-content-text"> </p> <span class="e-text text-link-std bold">To the content</span> </div> </div> </a> </div> <div class="slider-item"> <a href="/en/documentation/finma-publications/annual-reports--and-financial-statements/" title="" target=""> <div class="slider-box js-slider-box"> <div class="slider-image"> <img src="/~/media/finma/images/slider/jb2023_de.png?h=290&iar=0&w=220&sc_lang=en&hash=3B7B8DF42D721613F49B7A3359CD18BD" alt="JMK2024" width="220" height="290" /> </div> <div class="slider-content"> <h3 class="slider-content-title">FINMA Annual Report 2023</h3> <p class="slider-content-text">FINMA's Annual Report highlights its supervisory activities in 2023. In addition, FINMA is providing data on enforcement cases in a database as well as statistics on its website. </p> <span class="e-text text-link-std bold">Annual Report</span> </div> </div> </a> </div> <div class="slider-item"> <a href="/en/news/2023/12/20231219-mm-cs-bericht/" title="" target=""> <div class="slider-box js-slider-box"> <div class="slider-image"> <img src="/~/media/finma/images/slider/slid-cs-bericht.png?h=290&iar=0&w=220&sc_lang=en&hash=6487D6B70C410996828AA86C713D1EA9" alt="Report on the Credit Suisse crisis" width="220" height="290" /> </div> <div class="slider-content"> <h3 class="slider-content-title">Report on the Credit Suisse crisis</h3> <p class="slider-content-text">FINMA publishes its report on the Credit Suisse crisis. </p> <span class="e-text text-link-std bold">To the content</span> </div> </div> </a> </div> <a class="slidesjs-previous slidesjs-navigation" href="javascript:;" title="Previous"><i class="icon-prev">Previous</i></a> <a class="slidesjs-next slidesjs-navigation" href="javascript:;" title="Next"><i class="icon-next"></i>Next</a> </div> </div> <div class="mod mod-content"> <div class="e-text"> <div class="e-text text-heading-underline text-headline-sml text-dark">Latest</div> </div> </div> <div class="mod mod-filter " data-filter-url="/en/api/search/getresult" data-connectors="filter,filterConfig" data-filter-id="homefiltermeldungen" data-source="{E742C0C3-1C31-4929-9ECB-F9497FB70A83}" data-order="4" data-update-hash="true"> <span class="e-text text-head-big"></span> <div class="g-row"> <div class="filter-search js-filter-search g-cell s-1of3" data-search="1"> <input class="" type="text" data-filter="query" placeholder="Search term"> <a class="filter-search-btn" href="javascript:;"></a> </div> <span class="filter-mobile-btn js-filter-mobile-btn">Filter(s)</span> <div class="filter-group js-filter-group"> <ul class="filter-group-list"> <li class="filter-group-item g-cell s-1of3"> <select class="e-dropdown" multiple="multiple" data-filter="Publiziert als" data-placeholder="Published as" data-show-select-all="false" data-select-all-text="]</label" data-all-selected="Alle" data-count-selected="# von %"> <option value="{48C3971E-6680-4D3F-A550-9F750C41972B}" title="Negative list news">Negative list news</option> <option value="{8A1AFB67-F2D4-4F93-A9CF-FE1E00D1D24E}" selected="selected" title="Press release">Press release</option> <option value="{765747A5-26C0-4717-B743-FC7E6344BAED}" selected="selected" title="News">News</option> <option value="{6D28782C-0AA9-409D-8B86-29E1FDC01A1D}" title="Notification of bankruptcy proceedings">Notification of bankruptcy proceedings</option> <option value="{18CC643D-3684-4BDD-8324-943A4D959498}" title="Financial sanction">Financial sanction</option> <option value="{E2DD1D88-9E16-4B25-A7AB-E85D7490B6AB}" title="International sanction">International sanction</option> <option value="{EE44ED89-8E3F-4655-8FB3-106366A4DA83}" title="FATF statement">FATF statement</option> <option value="{D0177A5E-75B5-441D-89CC-0396413C490D}" title="Decision news">Decision news</option> <option value="{B024F81A-B689-4F59-8BF4-B39AB6FFD709}" title="Investigating agents news">Investigating agents news</option> </select> </li> <li class="filter-group-item g-cell s-1of3"> <select class="e-dropdown" multiple="multiple" data-filter="Thema" data-placeholder="Topic" data-show-select-all="false" data-select-all-text="]</label" data-all-selected="Alle" data-count-selected="# von %"> <option value="{EB8F6A9A-96FF-4F63-9C20-C8A39A8510B1}" title="National and international cooperation">National and international cooperation</option> <option value="{BA075009-7704-4050-B060-8A77E7D54F10}" title="Lifting and end of licence conditions">Lifting and end of licence conditions</option> <option value="{9CA7BFBC-C910-4C3E-BD55-F1DBE35F2F56}" title="Supervision instruments">Supervision instruments</option> <option value="{088016B3-8EF7-48D9-A584-E570BFA2E0B6}" title="Industry ban">Industry ban</option> <option value="{3FA30918-C26E-43BC-834B-7C3C08C48248}" title="Authorisation">Authorisation</option> <option value="{E7FE9D47-1C72-4D0D-B575-641E38224BCF}" title="Changes to licensing and business plan">Changes to licensing and business plan</option> <option value="{E5A19083-1219-4703-AA78-0305C7C6F1EE}" title="Withdrawal of authorisation">Withdrawal of authorisation</option> <option value="{9296D0ED-E6DF-4A38-B5C6-C6C93A131B1F}" title="COVID-19">COVID-19</option> <option value="{5055E4CE-DD94-42AB-BC32-5E07D46CDC00}" title="Cyber risiks">Cyber risiks</option> <option value="{0A133B1D-4AC6-4546-8253-93FDB9881255}" title="Dossier FinTech">Dossier FinTech</option> <option value="{DC5A6288-FB62-4374-90A1-A2B04F3124B1}" title="Confiscation">Confiscation</option> <option value="{E481AA0F-E25C-4D3E-917A-742A1723F513}" title="Publication of final rulings">Publication of final rulings</option> <option value="{AC6E4C70-64BF-4337-89DC-F0FD909A62EE}" title="Enforcement instruments">Enforcement instruments</option> <option value="{BF0245CC-476F-402F-958F-F2D4BF858042}" title="Declaratory rulings">Declaratory rulings</option> <option value="{3AE02BE2-17EF-469D-BF87-5868CC58A4DF}" title="Financial market infrastructures">Financial market infrastructures</option> <option value="{3B87665E-AD28-4D96-A992-022CB267539B}" title="FinTech">FinTech</option> <option value="{D37CF11F-450D-4321-A29C-D30AAA82ABC0}" title="Combating money laundering">Combating money laundering</option> <option value="{6354D1F7-FACE-40F8-9094-ABE8F73E9DF0}" title="Proper business conduct">Proper business conduct</option> <option value="{30D5F5CF-15F1-42F9-B058-A3610CB47D0C}" title="Green Finance">Green Finance</option> <option value="{B58D5EE8-A7A2-45F3-8FD9-21558683D0D0}" title="Mortgage market">Mortgage market</option> <option value="{E288B462-1ED8-4095-851F-7E2AADCB4965}" title="Small banks">Small banks</option> <option value="{A9BD09AA-24A3-4E20-8695-0938523338BE}" title="Small insurers">Small insurers</option> <option value="{CA79F15E-0BCF-42AF-8FE9-424CFB69F885}" title="Getting licensed">Getting licensed</option> <option value="{CA1E338B-9699-4BF1-A16B-5C12A16322C8}" title="Auditing">Auditing</option> <option value="{12793917-182A-4DF5-ADC6-E584C4ECC2FC}" title="TBTF">TBTF</option> <option value="{AE470C48-CC95-43F3-BD83-66553E1ED7A1}" title="Supervision">Supervision</option> <option value="{4445D29D-1F65-455C-B65C-EF9BC93157FC}" title="Cease and desist orders and ban on trading">Cease and desist orders and ban on trading</option> <option value="{84637D75-9D2E-48D3-B136-D9D770B3836A}" title="Portfolio managers and trustees">Portfolio managers and trustees</option> <option value="{E3059381-AC06-4E2E-885F-EE66E7F00540}" title="On-site supervisory reviews">On-site supervisory reviews</option> <option value="{F03EEAF9-F8DC-4A29-9434-7304170D9B04}" title="Precautionary measures">Precautionary measures</option> </select> </li> <li class="g-cell s-1of4 right filter-reset"> <a class="e-text text-link-cross" href="javascript:;" data-filter-reset>Remove filter(s)</a> </li> </ul> </div> </div> </div> <div class="mod mod-filter-result" data-connectors="filter" data-filter-id="homefiltermeldungen"> <div class="h-hidden js-results-tpl"> {{~it.Items :item}} <div class="teaser-news"> <div class="teaser-info"> <span class="teaser-info-date">{{=item.Date}}</span> <span class="teaser-info-date-mobile">{{=item.DateMobile}}</span> {{? item.Category != null}} {{? item.Category.length}} {{~item.Category.split(',') :k}} <div class="teaser-tag-label">{{=k}}</div> {{~}} {{?}} {{?}} </div> <div class="teaser-content"> <a class="teaser-content-title" href="{{=item.Link}}"> <h2>{{=item.Title}}</h2></a> <div class="teaser-content-text">{{? item.Description != null}} {{=item.Description}} {{?}}</div> <a class="e-text text-link-std bold" href="{{=item.Link}}">Read more</a> </div> </div> {{~}} {{?it.NextPageLink}} <div class="show-more"> <a class="e-btn btn-standard" href="javascript:;">Show more results</a> </div> {{?}} </div> <div class="result-headline"> <p class="result-count empty"><span class="js-count"></span> result(s) <span>found</span></p> </div> <div class="mod mod-teaser skin-teaser-news js-results"> </div> </div> </div> <div class="l-sidebar"> <div class="mod mod-sidebar-teaser"> <div class="sidebar-teaser-img-txt"> <div class="sidebar-teaser-heading-line"> <span class="sidebar-teaser-heading-sml">Explained in simple terms</span> </div> <h3 class="sidebar-teaser-img-txt-slogan">FINMA’s activities explained for the public and creditors</h3> <div class="e-text text-small-normal"> </div> <a class="e-btn btn-standard" title="" href="" target=""> <span class="glyph-link"></span> FINMA Public </a> </div> </div> <div class="mod mod-sidebar-teaser"> <div class="sidebar-teaser-img-txt"> <div class="sidebar-teaser-heading-line"> <span class="sidebar-teaser-heading-sml">Favourite links</span> </div> <div class="e-text text-small-normal"> </div> <ul class="sidebar-teaser-link-list"> <li> <a class="e-text text-link-small bold" title="" href="/en/finma/digital-exchange/ehp-zugang-fuer-versicherungsvermittler/" target="">Access to the EHP for insurance intermediaries </a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/authorisation/portfolio-managers-and-trustees/" target="">Information for portfolio managers and trustees</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/finma-public/authorised-institutions-individuals-and-products/" target="">Authorised institutions individuals and products</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/finma-public/warnungen/warning-list/" target="">Warning list</a> </li> <li> <a class="e-text text-link-small bold" title="" href="" target="">Investigating agents acting for FINMA</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/enforcement/recovery-and-resolution/" target="">FINMA restructuring and bankruptcy proceedings</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/international-sanctions-and-combating-terrorism/" target="">Sanctions and FATF statements </a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/finma/digital-exchange/" target="">Digital exchange</a> </li> <li> <a class="e-text text-link-small bold" title="" href="https://portal.finma.ch/auth-login/portal?lang=en " target="">EHP survey and application platform</a> </li> <li> <a class="e-text text-link-small bold" title="" href="https://zsp.finma.ch/sis/app/mandant/finma/" target="_blank">Delivery platform</a> </li> </ul> </div> </div> <div class="mod mod-sidebar-teaser"> <div class="sidebar-teaser-img-txt"> <div class="sidebar-teaser-heading-line"> <span class="sidebar-teaser-heading-sml">Reporting an incident</span> </div> <div class="e-text text-small-normal"> </div> <ul class="sidebar-teaser-link-list"> <li> <a class="e-text text-link-small bold" title="" href="/en/finma/making-a-report/" target="">Please use this link to report an incident or file a complaint with FINMA </a> </li> </ul> </div> </div> <div class="mod mod-sidebar-teaser"> <div class="sidebar-teaser-img-txt"> <div class="sidebar-teaser-heading-line"> <span class="sidebar-teaser-heading-sml">FINMA dossiers</span> </div> <div class="e-text text-small-normal"> </div> <ul class="sidebar-teaser-link-list"> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-vermoegensverwalter-und-trustees/" target="">Dossier on portfolio managers and trustees</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-sustainable-finance/" target="">Dossier on Sustainable Finance</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-hypothekarmarkt/" target="">Dossier on the mortgage market</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-fintech/" target="">FinTech dossier</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-cyberrisiken/" target="">Dossier on cyber risks</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-geldwaeschereibekaempfung/" target="">Dossier on money laundering prevention</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-kleinbanken/" target="">Dossier on small banks</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/dossier/dossier-too-big-to-fail/" target="">"Too big to fail" dossier</a> </li> </ul> </div> </div> <div class="mod mod-sidebar-teaser"> <div class="sidebar-teaser-img-txt"> <div class="sidebar-teaser-heading-line"> <span class="sidebar-teaser-heading-sml">Direct access for supervised institutions</span> </div> <div class="e-text text-small-normal"> Do you want to: </div> <ul class="sidebar-teaser-link-list"> <li> <a class="e-text text-link-small bold" title="" href="" target="">register as an insurance intermediary</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/authorisation/authorisation-overview/" target="">submit a licence / authorisation application</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/supervision/our-approach-to-supervision/" target="">find out more about how FINMA supervises the financial market</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/enforcement/enforcement-tools/" target="">learn more about the tools FINMA uses to enforce supervisory law</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/documentation/circulars/" target="">find out how FINMA applies financial market legislation</a> </li> <li> <a class="e-text text-link-small bold" title="" href="/en/finma/auditing/" target="">learn more about how FINMA works with regulatory audit firms</a> </li> </ul> </div> </div> <div class="mod mod-sidebar-teaser"> <div class="sidebar-teaser-img-txt"> <div class="sidebar-teaser-heading-line"> <span class="sidebar-teaser-heading-sml"></span> </div> <div class="e-text text-small-normal"> <table><tbody><tr><td><a rel="noopener noreferrer" href="https://twitter.com/FINMA_media" target="_blank"><img src="/~/media/finma/images/content/5finma/x-logo-black.png?h=30&w=29&hash=32BB0F961721EF1B7ACA972F030A5913" style="width: 29px; height: 30px;" /></a> </td><td> Follow us on X </td></tr></tbody></table> <table><tbody><tr><td><a rel="noopener noreferrer" href="https://www.linkedin.com/company/735459/" target="_blank"><img width="30" height="30" style="width: 30px; height: 30px;" src="/~/media/finma/images/content/5finma/img-linkedin.png?h=30&w=30&hash=01A477F5D6F57AA31574A2A9365319B8" /></a> </td><td> Follow us on LinkedIn</td></tr></tbody></table> </div> </div> </div> </div> </div> </div> </div> </div> <div class="l-background-image-container js-l-background-image-container"> <img class="l-background-image js-l-background-image" src="/Frontend/Finma/assets/img/content/background-image-grey.png" width="1920" height="620" alt="Backgroundimage" /> </div> </div> <footer class="l-footer-wrapper" role="contentinfo"> <div class="js-l-footer-scroll-anchor" style="height: 1px;"></div> <div class="l-footer l-wrap"> <div class="l-footer-top"> <div class="g-row"> <div class="g-cell s-3of5"> <div class="mod-footer"> <!-- Footer Address --> <ul class="footer-adress-list"> <li> <span itemprop="name" class="footer-adress-title">Swiss Financial Market Supervisory Authority FINMA</span> </li> <li> <p itemprop="address" class="footer-adress-text" itemscope itemtype="http://data-vocabulary.org/Address"> <span itemprop="street-address">Laupenstrasse 27</span>, <span itemprop="postal-code">3003</span> <span itemprop="locality">Bern</span> </p> </li> <li> <p itemprop="tel" class="footer-adress-text"> <a href="tel:0041313279100">Phone +41 31 327 91 00</a>, <span>Fax +41 31 327 91 01</span> </p> </li> <li> <p itemprop="mail" class="footer-adress-mail"> <a href="mailto:info@finma.ch">info@finma.ch</a> </p> </li> </ul> </div> </div> <div class="g-cell s-2of5"> <div class="mod-footer"> <!-- Footer Search --> <ul class="footer-search"> <li class="footer-search-title">Search site</li> <li class="footer-search-field"> <div class="mod mod-search skin-search-footer" data-url="/en/search"> <div class="search-formline"> <input class="js-search" type="text" placeholder="What are you looking for?"> <a class="e-btn btn-search" href="javascript:;"></a> </div> </div> </li> </ul> </div> </div> </div> </div> <div class="l-footer-list"> <div class="mod-footer"> <div class="g-row footer-linklist"> <div class="g-cell s-1of5"> <h3 class="footer-linklist-title">Authorisation</h3> <ul class="footer-linklist"> <li><a href="/en/authorisation/authorisation-overview/" title="Authorisation">Authorisation</a></li> <li><a href="/en/authorisation/types-of-licensing/" title="Types of authorisation">Types of authorisation</a></li> <li><a href="/en/authorisation/banks-and-securities-firms/" title="Banks and securities firms">Banks and securities firms</a></li> <li><a href="/en/authorisation/insurers/" title="Insurers">Insurers</a></li> <li><a href="/en/authorisation/insurance-intermediaries/" title="Insurance intermediaries">Insurance intermediaries</a></li> <li><a href="/en/authorisation/asset-management/" title="Asset management">Asset management</a></li> <li><a href="/en/authorisation/portfolio-managers-and-trustees/" title="Portfolio managers and trustees">Portfolio managers and trustees</a></li> <li><a href="/en/authorisation/supervisory-organisations/" title="Supervisory organisations">Supervisory organisations</a></li> <li><a href="/en/authorisation/vertretungen-auslaendischer-finanzinstitute-gemaess-finig/" title="Representative offices of financial institutions based outside Switzerland under FinIA">Representative offices of financial institutions based outside Switzerland under FinIA</a></li> <li><a href="/en/authorisation/self-regulatory-organisations-sros/" title="Self-regulatory organisations (SROs)">Self-regulatory organisations (SROs)</a></li> <li><a href="/en/authorisation/financial-market-infrastructures-and-foreign-market-participants/" title="Financial market infrastructures and foreign market participants">Financial market infrastructures and foreign market participants</a></li> <li><a href="/en/authorisation/rating-agencies/" title="Rating agencies">Rating agencies</a></li> <li><a href="/en/authorisation/registrierungsstelle/" title="Registration body">Registration body</a></li> <li><a href="/en/authorisation/ombudsmen-for-financial-service-providers/" title="Ombudsmen for financial service providers">Ombudsmen for financial service providers</a></li> <li><a href="/en/authorisation/pruefstelle-fuer-prospekte/" title="Reviewing body for prospectuses">Reviewing body for prospectuses</a></li> <li><a href="/en/authorisation/fintech/" title="FinTech">FinTech</a></li> </ul> </div> <div class="g-cell s-1of5"> <h3 class="footer-linklist-title">Supervision</h3> <ul class="footer-linklist"> <li><a href="/en/supervision/our-approach-to-supervision/" title="Our approach to supervision">Our approach to supervision</a></li> <li><a href="/en/supervision/cross-sector-issues/" title="Cross-sector issues">Cross-sector issues</a></li> <li><a href="/en/supervision/banks-and-securities-firms/" title="Banks and securities firms">Banks and securities firms</a></li> <li><a href="/en/supervision/insurers/" title="Insurers">Insurers</a></li> <li><a href="/en/supervision/versicherungsvermittler/" title="Insurance intermediaries">Insurance intermediaries</a></li> <li><a href="/en/supervision/asset-management/" title="Asset Management">Asset Management</a></li> <li><a href="/en/supervision/portfolio-managers-and-trustees/" title="Portfolio managers and trustees">Portfolio managers and trustees</a></li> <li><a href="/en/supervision/supervisory-organisations/" title="Supervisory organisations">Supervisory organisations</a></li> <li><a href="/en/supervision/self-regulatory-organisations-sros/" title="Self-regulatory organisations (SROs)">Self-regulatory organisations (SROs)</a></li> <li><a href="/en/supervision/financial-market-infrastructures/" title="Financial market infrastructures">Financial market infrastructures</a></li> <li><a href="/en/supervision/central-mortgage-bond-institutions/" title="Central mortgage bond institutions">Central mortgage bond institutions</a></li> <li><a href="/en/supervision/fintech/" title="FinTech">FinTech</a></li> </ul> </div> <div class="g-cell s-1of5"> <h3 class="footer-linklist-title">Enforcement</h3> <ul class="footer-linklist"> <li><a href="/en/enforcement/all-about-enforcement/" title="All about Enforcement">All about Enforcement</a></li> <li><a href="/en/enforcement/licence-holders/" title="Licence holders">Licence holders</a></li> <li><a href="/en/enforcement/unauthorised-activities/" title="Unauthorised activities">Unauthorised activities</a></li> <li><a href="/en/enforcement/market-supervision/" title="Market supervision">Market supervision</a></li> <li><a href="/en/enforcement/enforcement-tools/" title="Enforcement tools">Enforcement tools</a></li> <li><a href="/en/enforcement/database-for-assessing-fitness-and-propriety-requirements/" title="Database for assessing fitness and propriety requirements">Database for assessing fitness and propriety requirements</a></li> <li><a href="/en/enforcement/recovery-and-resolution/" title="Recovery and resolution">Recovery and resolution</a></li> <li><a href="/en/enforcement/national-and-international-cooperation/" title="National and international cooperation">National and international cooperation</a></li> <li><a href="/en/enforcement/parties-rights-and-obligations/" title="Rights and obligations">Rights and obligations</a></li> <li><a href="/en/enforcement/case-reports-and-court-decisions/" title="Case reports and court decisions">Case reports and court decisions</a></li> </ul> </div> <div class="g-cell s-1of5"> <h3 class="footer-linklist-title">Documentation</h3> <ul class="footer-linklist"> <li><a href="/en/documentation/finma-s-legal-basis/" title="Legal basis for FINMA’s activities">Legal basis for FINMA’s activities</a></li> <li><a href="/en/documentation/legal-basis/" title="Legal basis">Legal basis</a></li> <li><a href="/en/documentation/circulars/" title="Circulars">Circulars</a></li> <li><a href="/en/documentation/consultations/" title="Consultations and evaluations">Consultations and evaluations</a></li> <li><a href="/en/documentation/finma-s-position/" title="FINMA position statements">FINMA position statements</a></li> <li><a href="/en/documentation/finma-guidance/" title="FINMA Guidance">FINMA Guidance</a></li> <li><a href="/en/documentation/finma-publications/" title="FINMA publications">FINMA publications</a></li> <li><a href="/en/documentation/finma-videos/" title="FINMA videos">FINMA videos</a></li> <li><a href="/en/documentation/dossier/" title="Dossiers">Dossiers</a></li> <li><a href="/en/documentation/enforcement-reporting/" title="Enforcement reporting">Enforcement reporting</a></li> <li><a href="/en/documentation/insurance-law-rulings/" title="Insurance law rulings">Insurance law rulings</a></li> <li><a href="/en/documentation/self-regulation/" title="Self-regulation">Self-regulation</a></li> <li><a href="/en/documentation/international-sanctions-and-combating-terrorism/" title="Sanctions and FATF statements">Sanctions and FATF statements</a></li> <li><a href="/en/documentation/archiv/" title="Archive">Archive</a></li> </ul> </div> <div class="g-cell s-1of5"> <h3 class="footer-linklist-title">FINMA</h3> <ul class="footer-linklist"> <li><a href="/en/finma/finma-an-overview/" title="FINMA – an overview ">FINMA – an overview </a></li> <li><a href="/en/finma/supervisory-objectives/" title="Supervisory objectives">Supervisory objectives</a></li> <li><a href="/en/finma/organisation/" title="Organisation">Organisation</a></li> <li><a href="/en/finma/working-at-finma/" title="Working at FINMA">Working at FINMA</a></li> <li><a href="/en/finma/activities/" title="Activities">Activities</a></li> <li><a href="/en/finma/auditing/" title="Auditing">Auditing</a></li> <li><a href="/en/finma/finma-mandataries/" title="FINMA mandataries">FINMA mandataries</a></li> <li><a href="/en/finma/national-cooperation/" title="National cooperation">National cooperation</a></li> <li><a href="/en/finma/international-activities/" title="International activities">International activities</a></li> <li><a href="/en/finma/digital-exchange/" title="Digital exchange">Digital exchange</a></li> <li><a href="/en/finma/making-a-report/" title="Making a report">Making a report</a></li> </ul> <span class="footer-finmapublic-btn"> <a href="/en/finma-public/" class="e-btn btn-standard">FINMA Public</a> </span> <ul class="footer-linklist"> <li><a href="/en/finma-public/article-series,-c-,-finma-at-work/">Article series: FINMA at work</a></li> <li><a href="/en/finma-public/authorised-institutions-individuals-and-products/">Authorised companies</a></li> <li><a href="/en/finma-public/warnungen/">Warnings</a></li> <li><a href="/en/finma-public/meldung-erstatten/">Reporting information</a></li> </ul> </div> </div> </div> </div> <div class="l-footer-bottom"> <div class="g-cell left"> <div class="mod-footer"> <ul class="footer-language-links"> <li><a href="javascript:;" class="state-active">EN</a></li> <li><a href="/de/">DE</a></li> <li><a href="/fr/">FR</a></li> <li><a href="/it/">IT</a></li> </ul> </div> <div class="mod mod-footer"> <ul class="footer-meta-links"> <li><span class="footer-copy">© 2024 FINMA</span></li> <li> <a href="/en/media/" title="Media">Media</a> </li> <li> <a href="/en/finma/working-at-finma/" title="Jobs and careers">Jobs and careers</a> </li> <li> <a href="/en/contact/" title="Contact">Contact</a> </li> <li> <a href="/en/finma-public/abbreviations/" title="Abbreviations">Abbreviations</a> </li> <li> <a href="/en/terms-and-conditions/" title="Terms and conditions">Terms and conditions</a> </li> <li> <a href="/en/impressum/" title="About this website">About this website</a> </li> <li> <a href="/en/sitemap/" title="Sitemap">Sitemap</a> </li> <li> <a href="/en/documentation/archiv/" title="Archive">Archive</a> </li> </ul> </div> </div> <div class="g-cell right"> <div class="mod-footer"> <ul class="footer-service-links"> <li><a href="/en/news/"> <span class="glyph-news"> </span> </a></li> <li><a href="/en/documents/"> <span class="glyph-documents"> </span> </a></li> </ul> </div> </div> </div> </div> <span class="footer-copy-extra">© 2024 FINMA</span> </footer> </div> <script src="/Frontend/Finma/app.min.js?v=3.5.0" type="text/javascript"></script> <script> (function ($) { $(document).ready(function () { var config = {}, $root = $('html'), application = new Tc.Application($root, config); application.registerModules(); application.start(); }); })(Tc.$); var MTUserId = 'a0f8c45a-ea03-4ebd-af89-6dbd56762821'; var MTFontIds = new Array(); MTFontIds.push("722105"); // Frutiger® W01 45 Light MTFontIds.push("722117"); // Frutiger® W01 55 Roman MTFontIds.push("722129"); // Frutiger® W01 65 Bold (function () { var mtTracking = document.createElement('script'); mtTracking.type = 'text/javascript'; mtTracking.async = 'true'; mtTracking.src = ('https:' == document.location.protocol ? 'https:' : 'http:') + '//fast.fonts.net/lt/trackingCode.js'; (document.getElementsByTagName('head')[0] || document.getElementsByTagName('body')[0]).appendChild(mtTracking); })(); </script> </body> </html>