Federal Council opens consultation on introduction of new fund category
Bern, 26.6.2019 - During its meeting on 26 June 2019, the Federal Council initiated the consultation on an amendment to the Collective Investment Schemes Act (CISA). This is intended to create a new, unregulated fund category reserved exclusively for qualified investors This is intended to strengthen the competitiveness of Switzerland as a fund centre. The consultation will last until 17 October 2019.