FINMA and BaFin have agreed that Swiss securities funds under Article 53 ff. CISA and German UCITS under § 1 para. 2 and §§ 192 ff. of the Investment Code (KAGB) are equivalent.
This makes it easier to offer Swiss securities funds in Germany and German UCITS in Switzerland. A notification procedure is used instead of the authorisation procedure. The agreement came into force on 1 January 2014.
The following documents are available: