Responsibility |
Authorization / Registration |
Supervisory authority |
Federal level (Switzerland) |
Authorization as a financial intermediary in accordance with the Anti-Money Laundering Act (AMLA) |
FINMA – Swiss Financial Market Supervisory Authority, Berne |
AML compliance |
Membership of a recognized self-regulatory organization (SRO) for the fulfilment of AMLA obligations |
SRO recognized by FINMA |
Banking business |
Banking license for the acceptance of deposits and the safekeeping of client funds |
FINMA – Banking Supervision, Berne |
Securities and derivatives |
Authorization as a securities dealer or trading platform |
FINMA – Market Supervision, Berne |
Financial services (FIDLEG / FINIG) |
Authorization under the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) for investment advice and asset management |
FINMA, Berne |
Exchanges and trading platforms |
Registration as an organized trading venue |
SIX Swiss Exchange Regulation, Zurich (under FINMA supervision) |
Cantonal requirements |
Entry in the commercial register and tax registration in the respective cantons |
Local commercial register offices of the cantons |