Initial Training / Refresher Course for Client Advisers in the Field of Rules of Conduct according to FINSA
COURSE OFFERING of AvelaLaw AG – Initial Training / Refresher Course for Client Advisers in the Field of Rules of Conduct according to FINSA
AvelaLaw AG is an accredited provider of an Initial Training as well as of a Refresher Course in the field of FINSA Rules of Conduct
In addition to the popular “Initial Training in the field of FINSA rules of conduct”, within the framework of which the specialists of AvelaLaw AG have trained more than 300 people, AvelaLaw AG now also offers the mandatory Refresher Courses (recurrent training) for client advisers, who, in accordance with Art. 28 et seq. of the Federal Act on Financial Services of 15 June 2018 (“FINSA”), are already entered in a Register of Advisers and must renew this entry every two years.
AvelaLaw AG is accredited by BX Swiss AG, one of the Registration Bodies approved by FINMA, as a provider of both, an Initial Training and a Refresher Course, and is listed on BX Swiss AG’s two lists “Basic Training” and “Recurrent Training” https://www.regservices.ch/kenntnisse/.
Information on the Initial Training: Client Advisers’ Duty to enter in the Register of Advisers
Client advisers of Swiss financial service providers not subject to supervision as well as of certain foreign financial service providers may only carry out their activity in Switzerland if they are entered in a Register of Advisers. This registration requirement applies in particular to client advisers who provide financial services that are not in themselves an activity requiring authorization, for instance investment advice or the acquisition or disposal of financial instruments for clients (formerly known as “distribution”).
The Register of Advisers is maintained by Registration Bodies approved by the Swiss Financial Market Supervisory Authority FINMA. Approved Registration Bodies are BX Swiss AG, Zurich, PolyReg Services GmbH, Zurich, and the Association Romande des Intermédiaires Financiers (ARIF), Geneva.The trainings offered here are accepted by all three Registrations Bodies.
The conditions for registration in the Register of Advisers are met by anyone who can provide the following evidence:
AvelaLaw AG will be pleased to assist you if you are in doubt whether or not you are subject to the duty to register as well as with the registration itself.
Information on the Refresher Course: Client Advisers’ Duty to renew their entry in the Register of Advisers
Client advisers who are already entered in a Register of Advisers must, in application of FINSO 41/2, renew this registration after two years at the latest otherwise the entry in the Register will be cancelled. In this context, recurrent training must be completed by which the knowledge is deepened and changes in the legal regulations are dealt with. In this context, recurrent training must be completed by which the knowledge is deepened and changes in the legal regulations are dealt with.
According to the requirements of the Registration Bodies, the Refresher Course shall last at least two hours and cover the following content:
On request, AvelaLaw AG will also be happy to assist you with the renewal of the registration itself.
The courses “AvelaLaw AG – Initial Training in the field of FINSA Rules of Conduct” and “AvelaLaw AG – Refresher Course for Client Advisers according to FINSA” are structured as follows:
Training Institute
AvelaLaw AG, Fraumünsterstrasse 15, 8001 Zurich
Type of the course
Classroom course in the business premises of AvelaLaw AG with a maximum of 5 participants per course. If there are more than 3 participants, we will gladly hold the training in your business premises.
Upon request, the courses may be held over video conference.
The knowledge transfer is carried out by one of AvelaLaw AG’s partners with more than 20 years of professional experience.
Duration of the training
Initial Training: one half day (4.5 hours)
Refresher Course: 2 hours
Course language
German; upon request, also in English
Course Fee per person
Initial Training:
Refresher Course:
*) in each case plus 3% expenses flat rate and VAT (if applicable)
Course dates
On each day indicated below from 8.30 to approximately 13.00 CET (Initial Training) or, as the case may be, from 10.00 to 12.00 CET (Refresher Course). For groups of at least 3 participants, we will be glad to organize courses also by individual arrangement.
Initial Training: | Refresher Course: |
Friday, 12. January 2024 | Friday, 5 January 2024 |
Friday, 26 January, 2024 | Friday, 19 January 2024 |
Friday, 9 February 2024 | Friday, 2 February 2024 (11am to 1 pm) |
Friday, 23 February 2024 | Friday, 16 February 2024 |
Friday, 8 March 2024 | Friday, 1 March 2024 |
Friday, 22 March 2024 Advertisement | Friday, 15 March 2024 |
Friday, 5 April 2024 | Thursday, 28 March 2024 |
Friday, 19 April 2024 | Friday, 12 April 2024 |
Friday, 17 May 2024 | Friday, 3 May 2024 |
Friday, 31 May 2024 | Friday, 24 May 2024 |
Friday, 14 June 2024 | Friday, 7 June 2024 |
Wednesday, 26 June 2024 | Friday, 21 June 2024 |
Friday, 12 July 2024 | Friday, 5 July 2024 |
Form of evidence
Course participants will receive a personalized certificate which will confirm the course attendance, date, duration and content of the course.
AvelaLaw Ltd. now also offers mandatory continuing training for Qualified Managers, other members of the executive board or the board of directors (guarantors of irreproachable business conduct) of portfolio managers under FinIA and other prudentially supervised financial institutions (areas FinSA/FinIA, CISA, AMLA and Data Protection Act).
Please contact us for a non-binding offer
patrick.moser@avelalaw.com
Introduction
Rules of Conduct in the narrower sense (pursuant to art. 7–19 FINSA)
Conflicts of interest (particularly own-account transactions and retrocessions)
COFFEE BREAK
Introduction to the Register of Advisers; particularly adviser’s duties
Financial Institutions Act (FINIA): Introduction / activities which require authorization
Ombudsman’s Office
Agency matters (Code of Obligations)
Collective Investment Schemes Act (CISA): particular provisions on foreign collective investment schemes
Prospectus and Key Information Document (KID)
Q&A
Total (break not included)
Introduction
Rules of conduct in the narrower sense (Art. 7–19 FINSA)
Conflicts of Interest
Register of Advisors and Ombudsman’s Office: repetition of current duties
Collective Investment Schemes Act (CISA):
Anti-Money Laundering Act (AMLA)
Financial Market Infrastructure Act (FMIA)
Overview of changes to relevant laws since 01.01.2020
Q&A
Total
Register