Swiss FINMA points 950 licences to portfolio managers and trustees

As at 30 June 2023, the Swiss Monetary Market Supervisory Authority (FINMA) has granted 950 licences to portfolio managers and trustees. It has obtained a complete of 1,749 licence purposes.

The 950 licences could also be damaged down as follows:

  • 931 establishments (888 portfolio managers, 43 trustees), of which 8 establishments licensed as each portfolio managers and trustees, out of the 1,699 licence purposes obtained by the tip of 2022; plus
  • 10 establishments, with one establishment licensed as each portfolio supervisor and trustee, out of the 50 licence purposes obtained for the reason that starting of 2023.

In its Steerage, FINMA explains its supervisory mannequin. Specifically, it emphasises that the supervisory organisations monitor the licensed portfolio managers and trustees in a risk-based method. To this finish, they’re creating a score system in order that they’ll apply supervisory measures to every of the supervised establishments which can be proportionate to the assessed degree of danger.



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