Employment in Financial Services

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05. Do any categories of employee have enhanced responsibilities under the applicable regulatory regime?
 

05. Do any categories of employee have enhanced responsibilities under the applicable regulatory regime?
 

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Switzerland

  • at Walder Wyss
  • at Walder Wyss
  • at Walder Wyss

Specifically, employees holding executive, overall management, oversight or control functions in regulated companies are responsible for ensuring that the companies’ organization ensures the continued compliance with applicable financial market laws. Swiss financial market laws do not have enhanced responsibilities for different employee categories. Instead, a person’s fitness and propriety are assessed within the context of the specific requirements and functions of a given company, the scope of activities at that company, and the complexity of that company.

Last updated on 23/01/2023