FinIA – Financial Institutions Act

Ombudsman’s office and client complaints (Art. 16 FinIA)

Financial intermediaries are now obliged to join an ombudsman’s office for the settlement of legal disputes in a mediation procedure. This procedure is in principle free of charge for clients and is intended to bring the parties to an amicable solution without initiating official legal proceedings and taking the matter to costly courts. This conciliation body must be unbureaucratic, fair, quick and impartial.

Our ombudsman’s office is:
Finanzombudsstelle Schweiz (FINOS)
Talstrasse 20
CH-8001 Zurich
+41 44 552 08 00

FINMA licence as independent asset manager (Art. 5 para. 1 FinIA)

CORUM is in the licensing procedure and has submitted the relevant applications to the supervisory organisation to obtain the licence as an independent asset manager pursuant to Art. 5 para. 1 FinSA in conjunction with Art. 74 para. 2 FinSA.

The application was submitted to the supervisory organisation on time and is now being reviewed by the AOOS (Schweizerische Aktiengesellschaft für Aufsicht) / FINMA.

For further information, please do not hesitate to contact our customer advisors.

October 2022