Tag "Swiss Financial Market Supervisory Authority (FINMA)"
How to Get a Swiss Fintech License, Swiss SME Banking Heats Up
Switzerland’s fintech license appears to have attracted a horde of cryptocurrency startups looking to leverage the relaxed regime to provide certain bank-like services which would have otherwise required a full banking license, Michael Brüggler, managing expert at Fintech Werkstatt, told
Read More
Interview: Michael Brüggler Dives Deep Into Swiss Fintech License Landscape
Fintech News Switzerland (FNN) speaks with Michael Brüggler* to explore how up-and-coming startups can expertly navigate the complex Swiss fintech license regulatory landscape. Michael is the managing expert at Fintech Werkstatt and was the FINMA license application manager for the
Read More
Crypto Firm Bitcoin Suisse Withdraws its Banking License Application
The Swiss Financial Market Supervisory Authority (FINMA) has informed cryptocurrency trading platform Bitcoin Suisse that its banking license application has an “unfavourable prognosis”, deeming it ineligible for approval. Bitcoin Suisse had previously submitted an application for a banking license in
Read More
Gazprombank Switzerland Completes First Successful Bitcoin Transaction
Gazprombank Switzerland, a fully licensed Swiss financial institution, has successfully performed its first transactions in Bitcoin. After receiving approval from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency bank accounts to corporate and institutional clients, Gazprombank reportedly becomes
Read More
gowago and Intrum Introduces Digital Signature for Swiss Car Leasing Contracts
Switzerland’s car leasing platform gowago.ch and Intrum, a credit management company, have announced their partnership, to enable one to sign a car leasing contract digitally. This digital signature is recognised by FINMA and is therefore legally valid. Customers can now
Read More
Gazprombank Switzerland Receives FINMA Authorization for Crypto Offering
Gazprombank (Switzerland) has received authorization from the Swiss Financial Market Supervisory Authority (FINMA) to provide cryptocurrency bank accounts to corporate and institutional clients. Gazprombank (Switzerland) (“Gazprombank”) provides traditional banking products and services to its customers, including corporates, investment funds and
Read More
Bx Swiss Receives Approval From FINMA as a Prospectus Review Office
At the beginning of May 2020, the Swiss Financial Market Supervisory Authority FINMA granted BX Swiss AG approval as a Swiss Prospectus Review Office pursuant to Art. 52 of the Financial Services Act (FinSA). Admission will take effect on 1st
Read More
60 ICO Investigations by Swiss Financial Market Supervisory Authority in 2019
The Swiss Financial Market Supervisory Authority FINMA publishes its 2019 Annual Report. “Switzerland needs stable financial institutions particularly in uncertain times for the financial markets.” This pronouncement was made in January by the Chair of FINMA’s Board of Directors Thomas
Read More
Japan Exchanges Letters for Fintech Cooperation Framework with Finma
The Japan Financial Services Agency (FSA) exchanged the Letters for Cooperation Framework on FinTech with the Swiss Financial Market Supervisory Authority (FINMA) on April 4, 2018. This Cooperation Framework recognises the global nature of innovation in financial services and intends
Read More
FINMA sign Fintech Cooperation Agreement with Hong Kongs SFC
The Securities and Futures Commission Hong Kong (SFC) entered into an agreement with the Swiss Financial Market Supervisory Authority (FINMA) to establish a framework for cooperation on Fintech. Under the agreement, the SFC and FINMA will cooperate to share information
Read More