Document ID: /roh_data/filtered/swiss_laws_in_ROHinterleaved.jsonl.gz/38247

This text was translated from EN into Rumantsch Grischun.

Foreign financial institutions require authorisation from FINMA if they employ persons in Switzerland who work for them on a permanent and commercial basis in Switzerland or from Switzerland in another manner than that set out in Article 52 paragraph 1, specifically where these persons forward client orders to them or represent them for marketing or other purposes. Foreign fund management companies may not establish representations in Switzerland.  The Federal Council may sign international treaties allowing financial institutions from the treaty states to open a representation without requiring authorisation from FINMA if both sides recognise the equivalent nature of the respective regulation of financial institutions' activity and the supervisory measures.

Instituts da finanzas basegnan ina permissiun da la FINMA, sch’els occupan en Svizra persunas ch’èn activas a titel professiunal e permanentamain en Svizra u da la Svizra anora en in’autra moda che fixà en l’artitgel 52 alinea 1, cunzunt, sche questas persunas transfereschan incumbensas dals clients ad els u sch’ellas als represchentan per intents da reclama u per auters intents. Direcziuns da fonds estras na dastgan installar naginas represchentanzas en Svizra. Il Cussegl federal po far contracts internaziunals che prevesan che instituts da finanzas dals stadis contractants pon installar ina represchentanza senza permissiun da la FINMA, sche tuttas duas varts contractantas renconuschan sco equivalentas la regulaziun respectiva da l’activitad d’instituts da finanzas e las mesiras da surveglianza.