SRO Beitritt

Rights & Duties

I. Rights

 

Your VQF SRO membership entitles you to act as a financial intermediary in the parabanking sector (Art. 2 Para. 3 AMLA) in Switzerland.

 

Furthermore, your SRO membership entitles you to make use of numerous VQF services. All VQF services to our SRO members have the following

goals.

 

As a member you should be able to comply with the duties placed on you by the Anti-Money Laundering Act (AMLA) or the requirements of the market as

  • easily and efficiently
  • cost efficiently and
  • effectively

 

as possible. The actions taken by SRO members provide protection against money laundering and the financing of terrorism and contribute to the protection of investors and the integrity of Switzerland as a financial centre.

 

As a VQF SRO member you benefit from a variety of services and other benefits, especially:

  • Tried and tested, easy-to-understand form templates, checklists and instructions.
  • Basic and advanced training seminars as well as individual (company-) training.
  • Expert one-on-one specialist consulting at attractive rates.
  • Representation of your interests towards the Swiss authorities with regard to anti-money laundering law (e.g. in the Swiss parliamentary legislation process, consultation with Swiss authorities, etc.).

 

II. Duties

As a result of your VQF SRO membership, as a financial intermediary in the parabanking sector (Art. 2 Para. 3 AMLA), among other requirements you are obliged to comply with duties of due diligence and other duties pursuant to the AMLA and the VQF SRO rules and regulations (regulations, audit concept and training concept).

 

 

 

Changes

Were there any changes to the member's information as provided as part of the application for admission? For example: Were there any changes in your company's supervisory board or executive management? Have the ownership circumstances changed? Would you like to redefine the personal responsibilities in the internal special department?

 

The VQF must be informed immediately of any changes to information provided as part of the application for admission. Please send us the relevant documents so that the VQF can check whether the conditions for membership continue to be met. You find instructions about changes and the documents to be submitted in the section VQF Downloads.

 

 


 

 

Please note that only the German version is legally binding.