Swiss hedge fund laws under scrutiny ahead of EU rules

Swiss laws under scrutiny ahead of AIFM

The Swiss fund industry is pressing for legislative reform that would enable all hedge fund managers in the country to register with the financial regulator ahead of the introduction of new EU laws.

At present Swiss law governing collective investment schemes (CIS), which are the preferred vehicle for hedge funds, only allows managers running a Ucits-compliant or Swiss-domiciled fund to register with the Swiss Financial Market Supervisory Authority (Finma).

Reform could see this extended to manag