Federal Financial Services Act
(FinSA)
The Federal Financial Services Act (FinSA) came into force on 1 January 2020 with transitional periods of up to 2 years in order to comply with certain requirements. This Act seeks to protect the clients of financial service providers and to establish comparable conditions for the provision of financial services by financial service providers.
The requirements of the FinSA are being applied in BNP Paribas (Suisse) SA. The Bank will comply with the rules of conduct and organisational measures required by law by no later than the end of the transitional periods.
The FinSA is applicable whenever financial services are provided professionally in Switzerland or to clients in Switzerland.
General Information on FinSA
Wealth Management
Main FinSA requirements and the various consequences of each client classification are detailed in the below brochure. Your Relationship Manager remains at your disposal to provide you with any additional information you may require.
Corporate & Institutional Banking (CIB)
The brochure contains general information of the new regulatory standards applied to clients served by Corporate and Institutional Banking (CIB)
Any further information can be obtained from your relationship manager.
BNP Paribas (Suisse) SA and its supervisory authority
BNP Paribas (Suisse) SA is a subsidiary of BNP Paribas S.A. BNP Paribas (Suisse) SA, which has its head office in Geneva, has branches in Lugano and Zurich. It is subject to the Swiss Federal Banking Act and is supervised by the Swiss Financial Market Supervisory Authority (“FINMA”).
BNP Paribas (Suisse) SA
PLACE DE HOLLANDE 2, CASE POSTALE CH-1211 GENÈVE 11
+41 58 212 21 11
FINMA
LAUPENSTRASSE 27 3003 BERNE
+41 31 327 91 00
Information about the Swiss Banking Ombudsman
Information about our complaint procedure and the mediator for BNP Paribas (Suisse) SA in charge of disputes with the Bank is available at the following link.
Risk Information
The Bank wishes to inform you of the general risks associated with financial services and financial instruments that you need to know before making investment decisions. Such information is provided by the brochure on “Risk involved in trading financial instruments” available at the link below.
Your relationship manager would be happy to provide you with any additional information you may require.
Private
Professional
Institutional
Client classification
Under the FinSA, clients of financial service providers are classified under one of the following three categories: “private”, “professional” or “institutional”. The level of protection is determined by the client’s category, with “private” clients benefiting from the highest level of protection.
Depending on certain criteria (e.g. a client’s net worth, level of knowledge and/or experience in the financial sector), a client may ask for a change of category in order to have a higher protection or access to additional financial products and/or services involving reduced protection.
Information dedicated to Wealth Management clients
Information about costs
A detailed fee schedule for the main products and services offered by BNP Paribas Wealth Management in Switzerland is provided in the brochure “Main Fees and Commissions”.
For more information, please do not hesitate to contact your relationship manager.