Switzerland Proposes to Revise It's Legislation on Investment Funds

Mondaq Business BriefingSwitzerland Law Articles in English (2005)

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Switzerland Proposes to Revise It's Legislation on Investment Funds

On February 15, 2004, the Swiss Federal Council has released for comments the draft Federal Act on Collective Investment Schemes ("CISA" or the "Act") meant to replace and supersede the Swiss Federal Act on Investment Funds ("IFA").1

The innovations brought by CISA consist in introducing New forms of "collective investment schemes", transposing the recent amendments made to the European directive...

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