Swiss Financial Services Act – FIDLEG

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"Swiss Financial Services Act – FIDLEG"

"Swiss regulation FIDLEG (Financial Services Act) is a comprehensive legal framework aimed at (but not limited to) investor protection mainly at the point of sale similar to EU’s MIFID/MIFID II directives but also includes parts of EU’s PRIIPs and prospectus directive regulation. Upon entry into force on January 1, 2020 (many of the obligations will have phasing-in timelines between 6 months and 2 years) FIDLEG provides for a stringent set of rules for financial service providers providing financial services in Switzerland or to clients in Switzerland.&nbsp;When providing investment advice under FIDLEG Goldman Sachs Bank AG generally provides advice that takes the client`s portfolio into consideration.\r\n<a href=\"/content/dam/gs/gscom/disclosures/fidleg-f/SBVg_Risks_Involved_in_Trading_Financial_Instruments_ENG.pdf\">Risks Involved in Trading Financial Instruments</a>\r\n<a href=\"/content/dam/gs/gscom/disclosures/fidleg-f/SBVg_Risks_Involved_in_Trading_Financial_Instruments_GER.pdf\">Risks Involved in Trading Financial Instruments – GER</a>\r\n"

Swiss regulation FIDLEG (Financial Services Act) is a comprehensive legal framework aimed at (but not limited to) investor protection mainly at the point of sale similar to EU’s MIFID/MIFID II directives but also includes parts of EU’s PRIIPs and prospectus directive regulation. Upon entry into force on January 1, 2020 (many of the obligations will have phasing-in timelines between 6 months and 2 years) FIDLEG provides for a stringent set of rules for financial service providers providing financial services in Switzerland or to clients in Switzerland.&nbsp;When providing investment advice under FIDLEG Goldman Sachs Bank AG generally provides advice that takes the client`s portfolio into consideration.
<a href="/disclosures/fidleg-f/SBVg_Risks_Involved_in_Trading_Financial_Instruments_ENG.pdf">Risks Involved in Trading Financial Instruments</a>
<a href="/disclosures/fidleg-f/SBVg_Risks_Involved_in_Trading_Financial_Instruments_GER.pdf">Risks Involved in Trading Financial Instruments – GER</a>

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