The Swiss Financial Market Supervisory Authority FINMA is granting FINcontrol Suisse AG a licence as a supervisory organisation. It is therefore authorising the fourth supervisory organisation under FinIA and FinSA.
FINMA is granting FINcontrol Suisse AG based in Zug a licence as a supervisory organisation with effect from 29 September 2020. It is therefore authorising the fourth supervisory organisation under FinIA and FinSA (see also press release of 7 July 2020 and press release of 12 August 2020). The supervisory organisations will be responsible for the supervision of portfolio managers and trustees in the future. FINMA has also received a further licence application from supervisory organisations.