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Commentaries: Art. 51 | Omnilex
Law
/
FinIO · Ordinance on Financial Institutions
Art. 51
Art. 50
Art. 52
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Art. 51
Art. 50
Art. 52
954.11
FinIO
Federal Council Ordinance
Jan 1, 2020
Original source
(Art. 9 and 33 FinIA)
Fund management companies shall as a rule have at least three full-time positions with authority to sign.
Two authorised signatories must sign jointly.
The body responsible for management must comprise at least two persons.
Fund management companies must appoint a special body responsible for governance, supervision and control.
Where there are legitimate grounds for so doing, FINMA may allow relaxations of these requirements or it may impose more stringent requirements.
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