New rules for the creation of side pockets

Luca Bianchi, Dr. Armin Kühne, Dr. Dominik Oberholzer, Sarah Mostafa

We are pleased to inform you about a significant innovation: On January 31, 2024, the Federal Council adapted the Collective Investment Schemes Ordinance (CISO), significantly influencing the Swiss financial marketplace. This Newsletter focuses on the adjustments regarding Side Pockets of Swiss collective investment schemes. These changes, which came into effect on March 1, 2024, offer new opportunities and enhanced legal certainty.

In our newsletter, we will present to you the key points of the updated ordinance and its significance for investors.

Newsletter kurz und bündig_New rules for the creation of side pockets_EN.pdf