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Art. 132

951.31CISAFederal ActJan 1, 2007Original source
  1. FINMA issues the necessary authorisations and approvals pursuant to this Act and supervises compliance with the statutory, contractual and regulatory provisions as well as the provisions of the articles of association.
  2. It does not review the expediency of the business decisions taken by the licensees.
  3. L-QIFs are not subject to FINMA supervision.1

Footnotes

  1. Inserted by No I of the FA of 17 Dec. 2021, in force since 1 March 2024 (AS 2024 53;BBl 2020 6885).

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