Insights

In March 2024, we launched our matchmaking platform for asset managers. It was developed with the aim of giving asset managers free access to Grant Thornton's extensive network and thus providing them with targeted support in their search for suitable partnerships. Almost two years have passed since then, making this an ideal time to give you an insight into the status and the latest developments.

A little over two years after the revised data protection legislation came into force, and with a wealth of implementation experience under our belts, most people are now much more aware of the complexity of the subject matter. This article highlights areas where the Federal Data Protection and Information Commissioner (FDPIC) has identified a need for action in the course of its supervisory activities, the data protection risks that can be gleaned from the recently published FINMA Risk Monitor 2025, and the challenges this poses for financial institutions. It then briefly discusses data protection aspects of the use of artificial intelligence (AI).

Investitionen in Private Markets haben in den letzten Jahren auch in der Schweiz stark an Bedeutung gewonnen. Der regulatorische Rahmen sollte mit dieser Entwicklung Schritt halten.

The revised Swiss Data Protection Act (DPA) has been in force since September 1, 2023. Many financial service providers have implemented the new regulations in the meantime. In some cases, there are uncertainties regarding the disclosure of personal data abroad. Many companies are dependent on foreign (particularly American) software solutions.

Die FINMA führte im Frühling 2023 eine Erhebung zur Geldwäscherei-Risikoanalyse bei über 30 Banken durch und stellte erhebliche Defizite fest. Sämtliche Geldwäschereirisiken, denen ein Finanzintermediär ausgesetzt ist, müssen identifiziert, erfasst, analysiert und bemessen werden. Dies beinhaltet auch das Festlegen einer Risikotoleranz mit Schwellenwerten. Damit wurde ein komplettes Geldwäscherei-Risikomanagement erwartet, was die FINMA in ihrer Aufsichtsmitteilung 05/2023 vom 24. August 2023 schliesslich publizierte.