OSIF, the Supervisory Body for Financial Institutes, received its authorization on 6 July 2020 and can now carry out its specific prudential supervision of asset managers and trustees.
In order to limit its costs, OSIF will initially benefit from ARIF’s infrastructures, whose reputation in Switzerland has been well established for more than 20 years.
Asset managers and trustees who will apply for their subjection to OSIF by 31st December 2021 at the latest will benefit from preferential conditions.