Asset Services

REYL Offering

• Swiss Tax reporting: calculation of tax values and reporting to the Federal Tax Administration (“FTA”)
  • The FTA determines the amount liable for profit tax for all categories of share class for each tax year
  • For FINMA-authorized funds, tax figures must be provided to the FTA
  • For funds offered to qualified investors, tax figures may be requested by the FTA, a bank or an investor 
  • Tax figures are calculated and uploaded directly through the dedicated FTA portal
• Fund Data and Document Dissemination
  • Flexible

REYL Offering

• Contract Management: establishment and maintenance of distribution agreements and platform agreements
• Counterparty compliance and due diligence monitoring
• Position Reconciliation 
• Commission Management
  • Calculation of trailer fees and services fees
  • Invoicing and payment of trailer fees to designated distributors and platforms

REYL Offering

• Swiss Paying Agent: as a regulated Swiss bank, we are authorised to act as a paying agent
• Single counterparty: combined offering with representation creating a streamlined onboarding and simplified ongoing due diligence

Swiss Regulatory Framework

The requirement for a Swiss paying Agent is set out in the Collective Investment Scheme Act:

REYL Offering

• Swiss Representative & Swiss Paying Agent: regulated and authorised by FINMA
• Fund distribution advisory – our team of experts provide advice on:
  • Client segmentation
  • Fund document review & update: provision of Swiss mandatory wording
  • Ombudsman selection & affiliation
  • Register of Client Advisors selection & affiliation
• FINMA filing and authorisation: we obtain and maintain FINMA approval for foreign collective investment schemes offered for sale to all Swiss-based investors (private, profession

Your gateway to fund distribution in Switzerland

REYL Intesa Sanpaolo is a leading private bank in Switzerland and is regulated and authorised by FINMA to act as both Swiss Representative and Paying Agent. As part of one of Europe’s leading banking groups, Intesa Sanpaolo, we are ideally positioned to assist our clients with their regulatory compliance needs and distribution efforts. Our global footprint and institutional infrastructure also allow us to assist on topics such as fund structuring, corporate finance, and custody.