News
SFMA news keeps readers informed about supervisory decisions, guidance, consultations and other public communications.
SFMA reviews insurance intermediary supervision and flags remaining abuse risks
SFMA says the revised intermediary framework has improved client protection, while unauthorised activity and abusive sales practices still require action.
Read moreSFMA adds guidance on money laundering risk analysis
SFMA has reviewed numerous money laundering risk analyses again and has added observations to Guidance 05/2023 for banks and FinIA institutions.
Read moreSFMA closes Wendelspiess Partners AG proceedings and orders industry bans
SFMA has completed proceedings against Wendelspiess Partners AG in liquidation and two individuals after serious breaches of conduct rules for financial services.
Read moreSFMA issues guidance on product risks in individual portfolio management
SFMA has published guidance on recurring risk patterns linked to products used in individual portfolio management escalation cases.
Read moreSimon Brönnimann to lead SFMA Recovery and Resolution division
SFMA has appointed Simon Brönnimann as Head of Recovery and Resolution and as a member of the Executive Board from 1 June 2026.
Read moreSFMA issues new risk diversification ordinance for banks and securities firms
SFMA is moving two existing risk diversification circulars into a new ordinance that will enter into force on 1 January 2027.
Read moreSFMA opens consultation on revised Anti-Money Laundering Ordinance
SFMA has opened consultation on amendments to AMLO-SFMA, with submissions running from 12 May to 9 June 2026.
Read moreSFMA welcomes Federal Council dispatch on Banking Act revision
SFMA supports the Federal Council dispatch on revising the Banking Act and calls for the full package of TBTF measures to be implemented.
Read moreSFMA annual media conference 2026
SFMA reviewed its 2025 supervision, including resilience work, inspections, client protection, enforcement limits and resource growth.
Read moreSFMA issues guidance on managing digital fraud risks
A survey of 19 banks found action is needed on digital fraud risks, especially operational risk management and anti-money laundering controls.
Read moreSFMA liquidation order for MBaer Merchant Bank AG takes effect
MBaer Merchant Bank AG withdrew its appeal, making SFMA's licence withdrawal and liquidation order effective after serious AML and risk management findings.
Read moreSFMA appoints audit agent at MBaer Merchant Bank AG
SFMA appointed an audit agent at MBaer Merchant Bank AG while related enforcement proceedings were pending before the Federal Administrative Court.
Read moreAlain Girard to lead SFMA Banks division
SFMA has appointed Alain Girard as Head of the Banks division from 1 April 2026, succeeding Thomas Hirschi.
Read moreSFMA to move Zurich office from city centre to Oerlikon
SFMA will move its Zurich office to Zurich-Oerlikon in autumn 2026, improving workspaces and reducing operating costs per workstation.
Read moreSFMA issues guidance on custody risks for crypto-based assets
SFMA has published guidance on custody risks for crypto-based assets and the rules institutions must follow to keep those assets safe.
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