Online private banking platform for UBP’s clients ex. Asia
E-banking platform dedicated to UBP’s private clients in Asia
MiFID stands for the Markets in Financial Instruments Directive (Directive 2004/39/EC).
FINMA is Switzerland’s independent financial-market regulator
UCITS or ‘undertakings for the collective investment in transferable securities’ are investment funds regulated at European Union level.
SICAV stands for Société d’Investissement à Capital Variable, or investment company with variable capital (also known as an ‘open-ended investment company’) and which issues shares.
This word is borrowed from Swedish and means a person who has been appointed by a government agency or company to fairly investigate and deal with problems and complaints.
LPCC stands for Loi fédérale sur les placements collectifs de capitaux, or Collective Investment Schemes Act.
Due to the increasing sophistication of financial products, cross-border transactions and the financial crises of recent years, the banking and financial world is subject to ever-growing regulatory complexity.
FCP stands for the French expression fonds commun de placement, meaning an open-ended collective investment fund.
Alternative Investment Fund Managers (AIFMD; Directive 2011/61/EU)