Newsletter 2017-01: FINMA unifies outsourcing for banks and insurance companies

14. February 2017 – The Swiss Financial Market Supervisory Authority FINMA will revise its supervisory practice in the field of outsourcing. The new circular regulates how services outsourced from banks, stockbrokers and now also insurance companies should be handled. This brings with it a certain amount of relief for insurance companies. The circular is expected to come into force in July 2017. (Newsletter 2017/01_e)