Bx Swiss Receives Approval From FINMA as a Prospectus Review Officeby Company Announcement May 28, 2020
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 June 2020, from this date on, registered applicants will be able to submit applications for the examination and/or deposit of prospectuses via the BX Swiss online platform.
The Prospectus Review Office performs important public-law tasks for the Swiss financial market. Such tasks are usually performed by financial supervisory authorities in the EU and elsewhere. In addition to the examination of prospectuses, it determines, among other things, which foreign prospectuses are eligible for passporting or which foreign accounting standards can be used for the prospectus documentation of public offerings in Switzerland.
BX Swiss supports fully digital application processes based on the latest generation of technological platforms and RegTech solutions.
Further information on the Prospectus Review Office of BX Swiss can be found at: www.regservices.ch.