Services for wealth managers

Financial Services

Services for wealth managers

Asset managers face even stricter compliance requirements now that FinSA and FinIA have entered into force. Due to our vast expertise in the financial market sector, we are able to support managers of collective investment schemes or individual assets.

Our services

Support in the FINMA authorization process

You would like to obtain a license as a wealth manager? We have many years of experience in accompanying FINMA authorization processes and know your challenges as well as the expectations of the supervisory authorities.

There are usually 5 challenges in an authorization project, which we are happy to address with you:

Instructions, processes, ICS, contracts and forms Authorization application and enclosures Phase 1 Phase 2 Phase 3


Outsourcing the internal control function

Seeking certainty when it comes to regulatory requirements and monitoring of potential risks? We support you in strengthening your company and increasing the quality of your services. As your trusted outsourcing partner for portfolio managers and trustees, BDO can assist you with the following tasks: 

Compliance

  • Ad hoc support and advice on compliance and legal issues
  • Internal specialist unit for combating money laundering
  • 2nd line compliance controls in accordance with ICS control plan
  • Updating directives and standard documents in the event of regulatory changes
  • Compliance with cross-border regulations
  • Monitoring employee transactions and market conduct rules

Risk management

  • Ad hoc support and advice on risk management issues at the enterprise level
  • Updating/managing the risk and control matrix
  • Preparing and managing the ICS control plan
  • Monitoring ICS documentation
  • Exchange of information with auditors during regulatory audits
  • 2nd line risk control activities

Reporting

  • Integrated ICS, risk and compliance reporting to the board of directors and executive committee
  • Discussion of draft external regulatory reports
  • Presentation at the meeting of the BoD

Regulatory monitoring

  • Complimentary access for all employees to the BDO Digital Regulatory Monitoring Tool for portfolio managers
  • Regular updates and recommendations for action on all significant regulatory developments


Employee training

  • Running customised compliance training and compliance workshops for employees, covering all topics required by law and directives (including AMLA, FinSA, Cross Border, etc.)
  • Delivery of training documentation and training confirmations


Every institution is different. We define the service catalogue together with you. From complete outsourcing of the internal control function to delegation of individual sub-tasks within compliance - you choose and purchase only those services that you cannot or do not want to perform yourself. 

Contact us

I have read and agree to the legal note and the online data protection notice.

Key contacts

Taulant Avdija

Taulant Avdija

Head of Regulatory & Compliance Switzerland, Geneva - Partner
personView bio