Dear Sir or Madam Dear Members We would like to inform you that VQF has revised its by-laws, its SRO Regulations, its Rules of Arbitration, its Regulation on Fees, and its Supervisory Concept. The amended regulations have been approved by the Board of Directors and, where applicable, by the General Assembly and FINMA; they will take effect on October 1, 2026, and replace the previous versions. The most important changes include: - Implementation of the provisions governing affiliated advisers (see among others, Art. 3 of the Articles of Association, Annex to the SRO Regulations)
- Implementation of the TJPG (see Art. 79bis of the SRO Regulations)
- Introduction of warnings (Art. 93(1)(a) of the SRO Regulations)
- Adjustment of the range of penalties for violations of the Regulations
The updated documents are now available in the Downloads section of our website, so you can easily access them at any time. If you have any questions or need clarification, please feel free to contact us as usual. | 
