SWI VQF Fee Regulation Amendment


On Dec. 4, SWI VQF issued newsletter to inform of new fee regulation.


  • SWI VQF published newsletter 986 and informed of updates to its Fee Regulation.
  • Main Changes
  • Introduction of a minimum fee to ensure sustainable cost coverage, standardized training fees, applicable regardless of training conducted on-site or as a webinar.
  • Adjustment of hourly rates for professional consulting and administrative efforts.
  • Billing for additional expenses incurred by extensive or non-standardized requests.
  • Changes in administrative and processing fees for amendments and audits.
  • And, self-declaration fees for non-submission within the specified deadline demanded.
  • Effectiveness
  • Changes come into effect on Jan. 1, 2025, repealing previous reg of Jan. 30, 2023.

Regulators SWI VQF
Entity Types Auditor; Bank; IA
Reference Nlt 986, PR, 12/4/2024; RF 1101.5, 11/5/2024; Rpl RF 1/30/2023
Functions Compliance; Financial; Operations; Registration/Licensing; Reporting; Training; Treasury
Countries Switzerland
Category
State
Products Banking; Fund Mgt
Regions EMEA
Rule Type Final
Rule Date 12/4/2024
Effective Date 1/1/2025
Rule Id 235980
Linked to N/A
Reg. Last Update 12/4/2024
Report Section EU

Last substantive update on 12/09/2024