
22. April 2025Newsletter
New FINMA Cirular 2025/4 on Consolidated Supervision of Financial Groups
The Swiss Financial Market Supervisory Authority FINMA has released its new circular 2025/4 “Consolidated Supervision of Financial Groups under the BA and FinIA.” The circular clarifies FINMA’s supervisory practices regarding the scope and content of consolidated supervision and will enter into force on 1 July 2025. In our latest newsletter, we analyze the practical implications of this new circular and highlight key areas that financial groups should address in their implementation efforts. Our experts Luca Bianchi, Armin Kühne, Dominik Oberholzer, Sarah Mostafa, Michael Kremer, and Yusuf Sume share their insights and are happy to assist with any questions you may have. Read the newsletter: New FINMA Circular 2025/4 on Consolidated Supervision of Financial Groups Contacts![]() Luca BianchiTel. +41 58 200 39 56 Fax +41 58 200 39 11 luca.bianchi@kellerhals-carrard.ch ![]() Dr. Armin KühneTel. +41 58 200 39 00 Fax +41 58 200 39 11 armin.kuehne@kellerhals-carrard.ch ![]() Dr. Dominik OberholzerTel. +41 58 200 39 00 Fax +41 58 200 39 11 dominik.oberholzer@kellerhals-carrard.ch ![]() Sarah MostafaTel. +41 58 200 39 00 Fax +41 58 200 39 11 sarah.mostafa@kellerhals-carrard.ch ![]() Michael KremerTel. +41 58 200 39 00 Fax +41 58 200 39 11 michael.kremer@kellerhals-carrard.ch ![]() Yusuf SumeTel. +41 58 200 39 00 Fax +41 58 200 39 11 yusuf.sume@kellerhals-carrard.ch |