OSIF will inform and assist the members of ARIF, directly subordinated financial intermediaries (DSFIs), new candidates and all the other IWMs from the entry into force of the law until they obtain their licence from FINMA.
The vocation of OSIF will be to:
Assist with FINMA authorization
Help you with, and advise you on, the procedures for applying for FINMA authorization.
Supervision of wealth managers, trustees and commercial testers.
Relying on the know-how acquired over two decades of supervising financial intermediaries subject to the AMLA.
Keeping the Client Advisers’ Register./h3>
Investment advisers and fund distributors.
Promoting in-service training
ARIF has anticipated the training obligations that the LSFin/LEFin will place on IWMs as from 2020 by giving these financial intermediaries the option of embarking now on a programme that will train/prepare them for SAQ-CWMA certification. This programme, which was set up in partnership with the Institute for Studies in Finance and Banking (ISFB), will be available to them from January 2019.
Further information at www.arif.ch and www.isfb.ch