Switzerland: Recent Revision of the Swiss Collective Investment Scheme Act.

Switzerland

Recent Revision of the Swiss Collective Investment Scheme Act.

On 1 March 2013 the revision of the Swiss Collective Investment Schemes Act („CISA“) as well as the amended Collective Investment Schemes Ordinance (“CISO”) came into effect. Two areas of the legislation are particularly noteworthy: the distribution of non-Swiss investment funds and the regulation of Swiss asset managers of (foreign) alternative investment funds.

» Click here for further information