Commentaries: Art. 64

The fund management company and the SICAV shall appoint at least two natural persons or one legal person as valuation experts. Appointments require the approval of FINMA.¹
Approval is granted if the valuation experts:²
1. possess the necessary qualifications;
2. are independent;
3. ³ .
The valuation experts must conduct their valuations with the due diligence and expertise required of a valuation expert.⁴
FINMA may make recognition dependent on the conclusion of professional indemnity insurance or on the evidence of financial guarantees.⁵
It may stipulate additional requirements for the valuation experts and describe the valuation methods to be adopted.⁶

Amended by No I of the FA of 28 Sept. 2012, in force since 1 March 2013 (AS 2013 585;BBl 2012 3639). ↩
Amended by No I of the FA of 28 Sept. 2012, in force since 1 March 2013 (AS 2013 585;BBl 2012 3639). ↩
Repealed by No I of the FA of 28 Sept. 2012, with effect from 1 March 2013 (AS 2013 585;BBl 2012 3639). ↩
Amended by No I of the FA of 28 Sept. 2012, in force since 1 March 2013 (AS 2013 585;BBl 2012 3639). ↩
Amended by No I of the FA of 28 Sept. 2012, in force since 1 March 2013 (AS 2013 585;BBl 2012 3639). ↩
Amended by No I of the FA of 28 Sept. 2012, in force since 1 March 2013 (AS 2013 585;BBl 2012 3639). ↩

Art. 64