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Complete compliance for FinSA

For some financial products, Swiss legislation provides for reporting requirements similar to those laid down in European regulations. With our services, you can create and distribute the corresponding documents without significant additional effort.


Get started with FinSA Service today


We will be happy to advise you on the details.

Get in touch

Get started with FinSA Service today


We will be happy to advise you on the details.

Get in touch

Regulatory framework Financial Services Act (FinSA)

Based on the Swiss legislation, the “Bundesrat” passed the Swiss Financial Services Act (FinSA) together with the Financial Institutions Act (FinIA) on June 15, 2018, financial institutions in the Swiss market need to adhere to financial market regulations, which are quite similar to the European regulations MiFID II and PRIIPs.

 

This includes in particular:

  • Key Information Documents (KIDs) for financial instruments summarizing the products functioning as well as risks and opportunities
  • Matching of retail investor’s risk appetite and financial products’ risk profile
  • Many more well-known topics from MiFID I

 

Scope of products to be covered:

The Swiss FinSA covers a similar scope to European PRIIPs. Most important to note though is that OTC products are not covered by the Swiss FinSA. Of course, this does not release the point of sales from the responsibility to hand out a PRIIP KID to an EEA (European Economic Area) resident, even if booked by a Swiss bank.

The docCreator™ automates the preparation of FinSA KIDs / PRIIP KIDs for:

  • Structured products
  • OTC products
  • Funds
  • The docRepository™ solution enables you to obtain KIDs and all other regulatory documents, such as EU- and UK-PRIIP KIIDs, PIB, FinSA Key Information Documents, etc.

 

OTC KID-Generator

The OTC KID generator creates and provides PRIIP KIDs for OTC products, such as forward exchange contracts or interest rate options and a lot of other structures available in our Service.

Every generated OTC KID is stored in our unique docArchive proposition with a geo-redundant cloud archive.

We work with financial services providers all around the world. Let us introduce you to our onboarding process.

Our team has years of industry experience to help you through the entire regulatory compliance software procurement process – from A to Z.