Regulatory Alerts2013-11-15
Added · Updated
Requirements for investment funds and investment fund managers
Undertakings for collective investment in transferable securities (UCITS), alternative investment funds (AIF), and their management companies must meet specific prudential requirements under the Financial Supervision Act (Wft). These requirements include maintaining minimum regulatory own funds, ensuring adequate liquidity management, fulfilling reporting obligations, and adhering to systemic risk and leverage supervision standards. Additionally, entities must secure professional indemnity insurance, appoint an AIF depositary, and comply with third-country policy rules. A preliminary behavioral test and a prudential solvency assessment verify compliance during authorization and business operations.
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