Introduction:

  • Definition „financial services“ / distinction from the „offer“ / distinction from „advertising“ (special focus on distribution of investment funds, newly “offer”)
  • Financial instruments
  • Client segmentation; opting-in / opting-out

30’

Rules of Conduct in the narrower sense (pursuant to art. 7-19 FinSA)

  • Duty to provide information
  • Appropriateness and suitability test for investment advice or portfolio management
  • Documentation and rendering of account
  • Transparency and care in client orders; incl. best execution

60’

Conflicts of interest (particularly own-account transactions and retrocessions)

30’

COFFEE BREAK

[15’]

Introduction to the Register of Advisers; particularly adviser’s duties

20’

Financial Institutions Act (FinIA): Introduction / activities which require authorization

20’

Ombudsman’s Office

15’

Agency matters (Code of Obligations)

15’

Collective Investment Schemes Act: particular provisions on foreign collective investment schemes

20’

Prospectus and Key Information Document

30’

Q&A

30’

Total (break not included)

270’