Against the backdrop of significant shifts in the distri-bution of wealth globally, Switzerland has undertaken a major overhaul of its financial market legislation by establishing the new Financial Services Act (FINSA) and the Financial Institution Act (FINIA) intended to expand the country’s attractiveness as a financial center for an international clientele looking for financial expertise, political and economic stability combined with reliable supervision and a legal system at the service of both individual investors and institutions.weiterlesen