Art. 71 FinSA from 2024
Art. 71 In-house funds
1 In-house funds of a contractual nature for the purpose of collectively managing the assets of existing clients may be created by banks as defined in the BankA (1) and securities firms in accordance with the FinIA (2) only if said banks and securities firms meet the following conditions:a. they manage clients'" participation in the in-house funds exclusively on the basis of a permanent portfolio management or investment advice relationship;b. they do not issue any unit certificates for this;c. they do not offer participation to the public and they undertake no advertising for this.
2 A key information document in accordance with Articles 58 to 63 must be prepared for in-house funds.
3 The creation and dissolution of in-house funds must be notified to the auditors appointed under the relevant supervisory law.
4 In the event of bankruptcy of the bank or securities firm, assets and rights that form part of in-house funds shall be segregated in favour of the investors.
(1) [SR 952.0]
(2) [SR 954.1]
Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.
