Home media Jobs Contact Extranet login News Documents 0 MyFINMA DE Permit monitoring enforcement documentation FINMA FINMA Public Home monitoring Pfandbriefzentralen Pfandbriefzentralen The Swiss Pfandbrief Centers are supervised by FINMA. Monitoring is based on audits and reports from approved auditing companies. Pfandbrief Act (PfG) Pfandbrief Ordinance (PfV) Pfandbriefe are bond-like securities for the long-term financing of first-class mortgage loans granted by banks. Unique safety chain In contrast to normal bonds, the Swiss Pfandbrief offers particularly extensive, legally regulated collateral. On the one hand, the issuer of the Pfandbriefe and the banks taking out the loan are liable with their own funds, and on the other hand, the mortgage debtors of the banks with their pledged real estate. This multi-level safety chain is unique in the world. Only two institutes have the right to issue Pfandbriefe in Switzerland: the “Pfandbriefbank schweizerischer Hypothekarinstitute AG”, founded in 1930, and the “Pfandbriefzentrale der Schweizerischen Kantonalbanken AG” since 1931. Indirect supervision The ongoing monitoring of the two Pfandbrief centers is the responsibility of FINMA. It performs its task largely based on the auditing and reporting by external auditing companies. The auditing companies check in particular: compliance with accounting regulations compliance with the statutory and regulatory provisions the legally compliant issuing of Pfandbriefe and the granting of loans legally compliant cover for Pfandbriefe and loans the legally compliant appraisal and lending of the mortgages Everything for surveillance Cross-industry topics Banks and securities firms Insurance Asset management Asset managers and trustees Supervisory organizations SRO Financial market infrastructures Pfandbriefzentralen Fintech Swiss Financial Market Supervisory Authority FINMA Laupenstrasse 27, 3003 Bern Tel. +41 31 327 91 00, Fax +41 31 327 91 01 info@finma.ch Seite durchsuchen Bewilligung Alles zur Bewilligung Bewilligungsformen Banken und Wertpapierhäuser Versicherungen Asset Management Vermögensverwalter und Trustees Aufsichtsorganisationen Vertretungen ausländischer Finanzinstitute gemäss FINIG Versicherungsvermittler SRO Direkt unterstellte Finanzintermediäre Finanzmarktinfrastrukturen und ausländische Teilnehmer Ratingagenturen Registrierungsstelle Ombudsstellen für Finanzdienstleister Prüfstelle für Prospekte Fintech Überwachung Alles zur Überwachung Branchenübergreifende Themen Banken und Wertpapierhäuser Versicherungen Asset Management Vermögensverwalter und Trustees Aufsichtsorganisationen SRO Finanzmarktinfrastrukturen Pfandbriefzentralen Fintech Durchsetzung Alles zur Durchsetzung Bewilligungsträger Unerlaubte Tätigkeiten Marktaufsicht Enforcement instruments Data collection guarantee and verification Recovery and resolution Administrative assistance Rights and duties of data subjects Case studies and court decisions documentation Everything about documentation Legal bases Circular Hearings FINMA statements FINMA supervisory notices FINMA publications FINMA videos Dossiers Selected decisions Insurance law decisions Self-regulation Sanctions and FATF Statements archive FINMA Everything about FINMA goals organization Working at FINMA activities Testing FINMA representative National cooperation International cooperation Extranet Events FINMA Public Approved companies Warnings Make a report © 2021 FINMA media Jobs and careers Contact Abbreviations glossary Legal imprint Sitemap archive