SCHULTHESS INTERNATIONAL COOPERATION IN FINANCIAL MARKETS REGULATION

Every day, thousands of pieces of confidential information are exchanged across the border between the Swiss financial regulator FINMA, foreign regulators, and international organisations. From the moment a market participant engages in an activity with a foreign market, this creates the likelihood that this activity will fall under a financial regulator's scrutiny, which will trigger the mechanisms of international cooperation and assistance. This practical guide explores how FINMA cooperates and interacts with its foreign counterparts and to what extent Swiss-based entities and individuals are involved. Former head of international cooperation at FINMA, the author presents a hands-on approach by : laying the international and Swiss fundamentals underpinning the framework for international cooperation provided by Switzerland in a context of financial regulation ; exploring means for international cooperation provided by FINMA to international regulators, and to international organisations ; and setting out the growing cooperation expected from regulated and non-regulated entities and individuals in Switzerland. Written to assist professionals working or advising in the financial industry, along with foreign regulators, or international organisations, this book steers a clear path through the maze of international assistance in Switzerland.