Skip to main content

Collection

C-42-01 General Terms and Conditions of the Client Advisor Register Kept by ARIF
Status as of 26 Jul 2021 Association romande des intermédiaires financiers
C-42-01 General Terms and Conditions of the Client Advisor Register Kept by ARIF
Status as of 29 Sep 2020 Former version Association romande des intermédiaires financiers
C-42-01 General Terms and Conditions of the Client Advisor Register Kept by ARIF
Status as of 17 Oct 2020 Former version Association romande des intermédiaires financiers
C-42-02 Information Document on Proof of Knowledge
Status as of 14 Sep 2020 Former version Association romande des intermédiaires financiers
C-42-02 Information Document on Proof of Knowledge
Status as of 31 Jan 2022 Association romande des intermédiaires financiers
C-42-02 Information Document on Proof of Knowledge
Status as of 27 Oct 2020 Former version Association romande des intermédiaires financiers
C-42-02 Document d'information sur la preuve des connaissances
Status as of 15 Nov 2021 Former version Association romande des intermédiaires financiers
D-31-01 Self-regulation Rules of the ARIF
Status as of 25 Apr 2023 Association romande des intermédiaires financiers
D-31-01 Self-regulation Rules of the ARIF
Status as of 25 Nov 2015 Former version Association romande des intermédiaires financiers
D-31-02 ARIF Directives 2 to 13
Status as of 31 Mar 2021 Former version Association romande des intermédiaires financiers
D-31-02 ARIF Directives 2 to 13
Status as of 25 Apr 2023 Association romande des intermédiaires financiers
D-31-02 ARIF Directives 2 to 13
Status as of 28 Jan 2021 Former version Association romande des intermédiaires financiers
D-31-02 ARIF Directives 2 to 13
Status as of 7 Dec 2017 Former version Association romande des intermédiaires financiers
D-31-02 ARIF Directives 2 to 13
Status as of 25 Jan 2022 Former version Association romande des intermédiaires financiers
D-31-02 ARIF Directives 2 to 13
Status as of 23 Jan 2020 Former version Association romande des intermédiaires financiers
D-31-14 Directive 14: Code of Deontology Concerning the Exercise of the Profession of Independent Asset Manager
Status as of 22 Aug 2016 Abrogated act Association romande des intermédiaires financiers Wealth management

Articles en relation

Asset management

Approval of investments contrary to the investment strategy

Sébastien Pittet Sébastien Pittet  — 15 April 2024
An asset manager who does not comply with the conservative investment strategy agreed with his client is not in breach of his contractual obligations if the client has validly approved the investments (Federal Court ruling 4A_507/2023 of 29 February 2024). In this judgment, the client consults an asset manager to manage part of his assets. Over the years, the client entered into three different management relationships with the service provider. In the third relationship, which gave rise to the dispute,[...]
Liability Wealth management

Retrocessions

What kind of reimbursement is due on investments in a fund of funds ?

Nicolas Ollivier Nicolas Ollivier  — 21 February 2024
In its decision 4A_350/2023 of 21 November 2023, the Swiss Federal Supreme Court upheld a partial ruling by the Zurich Handelsgericht (HG190111-O), ordering an asset manager to account to a BVG/LPP pension fund for retrocessions received in connection with investments in target funds via two funds of funds. This commentary focuses on the question of the foundation's right to information regarding the retrocessions received by the fund manager (for a description of the facts and the issue of informed approval[...]
Collective investment schemes Conflict of interests Retrocessions Wealth management

Conflict of interest

Foundation did not validly approve the investment

Célian Hirsch Célian Hirsch  — 21 February 2024
Members of the Board of Trustees must recuse themselves from all decisions in which they have a conflict of interest. Their knowledge cannot therefore be imputed to the foundation. This is one of the conclusions reached by the Swiss Federal Supreme Court in ruling 4A_350/2023 of November 21, 2023. A securities dealer (now called a securities firm, cf. art. 41 LEFin) provides asset management services for private and institutional clients. In particular, it manages the assets of a BVG pension[...]
Collective investment schemes Conflict of interests Retrocessions Wealth management

A bank manager's bonus

The difficulty of contesting a bonus calculation several years after the fact

Aurélien Witzig Aurélien Witzig  — 30 November 2023
In a recent ruling, a bank manager was unsuccessful in his bid to obtain back pay, when he demanded a recalculation of his bonus based on assets under management that he claimed to have contributed to his employing bank (TF 4A_519/2022 of October 12, 2023). The facts were as follows: in 2009, a manager had organized a meeting between a business introducer, whom he knew, and a member of a bank's executive committee. Shortly afterwards, a second meeting was organized[...]
Compensation Wealth management
Plus d'articles en relation