Lifting licence conditions

Different procedures apply for releasing banks, securities firms and branches of foreign banks and securities firms from prudential supervision. Representative offices of foreign banks and securities firms only need to inform SFMA that they are closing.

This SFMA page gives applicants and supervised institutions a practical view of the lifting licence conditions topic. It explains when a licence, approval, notification or registration may be needed, what information should be prepared, and which changes may require contact with the authority.

Banks and securities firms

This section explains how banks and securities firms affects the lifting licence conditions authorisation or registration topic. The relevant facts should be documented in a way that allows SFMA to understand the legal basis, operating responsibilities and supervisory implications.

Branches of foreign banks and securities firms

Cross-border structures need particular care. The application should explain the foreign institution or product, the Swiss activity, home-country supervision where relevant, cooperation arrangements and how clients or market participants in Switzerland are protected.

Representative offices of foreign banks and securities firms

Preparing a complete file

Applicants should keep the submission concise but complete: describe the activity, legal structure, people responsible, control framework, financial resources, relevant documents and any cross-border elements. Where uncertainty remains, the issue should be highlighted early rather than left to emerge during review.