Document ID: /roh_data/filtered/swiss_laws_in_ROHinterleaved.jsonl.gz/38223

This text was translated from EN into Rumantsch Grischun.

Authorisation from FINMA is required by financial institutions that have their registered office abroad (foreign financial institutions) and that wish to establish a branch in Switzerland that employs persons who perform any of the following activities in the name of the foreign financial institution on a permanent commercial basis in Switzerland or from Switzerland:a. asset management or trustee activities;b. portfolio management for collective investment schemes or occupational pension schemes;c. securities trading;d. conclusion of transactions; or e. client account management. Foreign fund management companies may not establish branches in Switzerland.  The Federal Council may sign international treaties allowing financial institutions from the treaty states to open a branch without requiring authorisation from FINMA if both sides recognise the equivalent nature of the respective regulation of financial institutions' activity and the supervisory measures.

Ina permissiun da la FINMA basegnan instituts da finanzas cun sedia a l’exteriur (instituts da finanzas esters) che vulan installar en Svizra ina succursala, en la quala ellas occupan persunas che fan – en num da l’institut da finanzas ester respectiv – a titel professiunal e permanentamain il suandant en Svizra u da la Svizra anora:a. administreschan valurs da facultad u pratitgeschan in’activitad sco trustee;b. fan l’administraziun da la facultad per investiziuns collectivas da chapital u per instituziuns da provediment;c. fan commerzi cun valurs mobigliaras;d. concludan fatschentas; ue. mainan contos da clients. Direcziuns da fonds estras na dastgan installar naginas succursalas en Svizra. Il Cussegl federal po far contracts internaziunals che prevesan che instituts da finanzas dals stadis contractants pon installar ina succursala 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.