No Swiss Bank Will Open Your SRO Company an Account? There Is Now an Alternative
Crypto, FX and payment companies affiliated to a Swiss SRO often struggle to open a bank account. FinTech-licensed providers now offer a real alternative,…
Category: Swiss Finance
Doing financial business in Switzerland: banks, financial institutions and financial intermediaries.
The Swiss SRO Annual Audit: What the AML Auditor Checks, and How to Pass It
Joining a Swiss SRO is the start, not the end. What the yearly AML audit checks, the findings we see most often, and how…
Crypto Custody and Staking in Switzerland: Is SRO Enough, and When You Need a FINMA Licence
Holding or staking crypto for clients in Switzerland? Individual custody, omnibus wallets, staking and lending each fall under different rules. Where an SRO is…
Buying a Swiss Regulated Company: What to Check Before You Sign
A licence is not sold in a box. It comes inside a company, with that company's files, clients and history.
Who Counts as a Qualified Investor in Switzerland? The Gate to the L-QIF
The L-QIF is easy to launch. The hard part is making sure every investor in it is allowed to be there.
Buy and Upgrade, or Start Fresh? The Fastest Route to a Swiss Fund Manager Licence, and When It Backfires
Buying a Swiss portfolio manager and upgrading it can cut the road to a fund manager licence by half. Unless the company's past gets…
The L-QIF: Switzerland’s Fund Without FINMA Approval, and What It Really Requires
Since March 2024 a Swiss fund can launch without FINMA approval: the L-QIF. Who may invest, who must manage it, the legal forms and…
Issuing a Stablecoin in Switzerland: The Rules Today, and the Licence Coming Next
How to issue a stablecoin in Switzerland today: banking law, bank default guarantees, FINMA guidance 06/2024 and anti-money laundering, and the payment instrument institution…
The Swiss Client Adviser Register: Who Must Register, and How
Advising clients in Switzerland without a FINMA licence? Under FinSA you may need to register as a client adviser. Who must register, who is…
The Swiss Securities Firm Licence: Who Needs It and What It Takes
Trading securities for clients in Switzerland requires a FINMA securities firm licence. The five types, CHF 1.5 million capital, organisation and how to apply.
