All individuals or companies with a head office in Switzerland who act as financial intermediaries must join a self-regulating organisation (SRO) or are required to be authorised by the Swiss Financial Market Supervisory Authority (FINMA) to be active in their particular field.
Under the Swiss Anti-Money Laundering Act (GwG), financial intermediaries in the non-banking sector also require authorisation by the Swiss Financial Market Supervisory Authority (FINMA) before they are allowed to undertake their activities, assuming that they have not joined a self-regulating organisation. Financial intermediaries in the non-banking sector are persons or companies who accept or hold assets belonging to others or who assist in the investment or transfer of such assets. The GwG also defines examples of various activities and services that are provided by financial intermediaries that require prior authorisation, such as credit transactions, services related to payment transactions, trade in banknotes and coins, foreign exchange, precious metals, commodities and their derivatives, asset management, investments made as investment advisers and the holding of securities.
Consultana AG hereby expressly states that it is not an asset management company and does not pursue activities as a financial intermediary. The company acts solely as an intermediary between customer and asset managers, professionals and banks who have the relevant authorisation from FINMA (the Swiss Financial Market Supervisory Authority) or who are part of a self-regulating organisation (SRO). No asset management transactions requiring authorisation or other activities requiring supervision are processed by our company in our own name or on behalf of third parties.