Swiss Banking License

  • Regulatory status 

     

    Saxo Bank (Switzerland) Ltd. has a bank and securities dealer license granted by the Swiss Financial Market Supervisory Authority (FINMA).

Saxo Bank (Switzerland) Ltd. has a bank and securities dealer license granted by the Swiss Financial Market Supervisory Authority (FINMA).

As a state regulatory body, FINMA is endowed with supreme authority over banks, insurance companies, stock exchanges, securities dealers and collective investment schemes.

FINMA grants operating licenses for companies and organisations subject to its supervision, monitors the supervised institutions with respect to their compliance with the requisite laws, ordinances, directives and regulations, as well as with the conditions for the granting of licenses that must be complied with at all times.