Financial Crime World

Swiss Financial Institutions Must Comply with New Registration Obligation by January 1st 2022

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As the deadline for registration of client advisors under the Swiss Financial Services Act (FinSA) approaches, financial service providers in Switzerland are reminded of their obligation to register their client advisors on the official advisor register regservices.ch.

The Registration Obligation

According to Articles 22 and 28 of FinSA, all client advisors of Swiss or foreign financial institutions must be registered with the official advisor register regservices.ch. To qualify for registration, client advisors must provide proof of thorough knowledge of the new rules of conduct.

Compliance Requirements for Financial Institutions

Financial institutions are under pressure to ensure their client advisors meet this requirement. One way to achieve this is through officially recognized FinSA training. Our company offers a FinSA training course that has been approved by the registration office and provides employees with the necessary knowledge to pass the final test and obtain a corresponding PDF certificate.

Features of our FinSA Training Course

  • Designed to facilitate learning success using a simple and playful approach
  • Covers all relevant topics, including:
    • Customer segmentation
    • Information requirements
    • Adequacy and suitability of financial services
    • Documentation and accountability
    • Transparency and diligence in customer orders
  • Provides employees with the necessary knowledge to pass the final test and obtain a corresponding PDF certificate

Additional Compliance Training Courses

In addition to the FinSA training, our company offers 13 other certified compliance training courses that cover a wide range of compliance-relevant topics. These trainings include:

  • Money laundering prevention
  • FATCA
  • MiFID II
  • EU GDPR
  • CH Data Protection Act
  • Code of Conduct
  • Market behavior rules
  • Sanction violations
  • Fraud prevention
  • Cybersecurity

Get in Touch with Us

For financial institutions looking to train their employees or learn more about our compliance finance offers, we invite you to send a non-binding enquiry. Our team will be happy to get in touch with you and provide further information.