951.311CISOFederal Council OrdinanceJan 1, 2007Original source
(Art. 53 ff. CISA)
With regard to the administration of collective investment schemes, the fund management company and the SICAV may deploy subsidiaries whose sole object is the holding of assets for collective investment. FINMA regulates the details.
A SICAV may acquire movable and non-movable assets which are essential for the direct performance of its operations. FINMA regulates the details.
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