by Guidelines published by the Swiss Financial Market Supervisory Authority. From the explanations: The FinTech licence allows institutions to accept public deposits of up to CHF 100 million, provided that these are not invested and no interest is paid on them. A further requirement is that an institution with a FinTech licence must have its registered office and conduct its business activities in Switzerland.
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Dirk Niepelt considers the following as important: Fintech, Notes, Swiss Financial Market Supervisory Authority
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Guidelines published by the Swiss Financial Market Supervisory Authority. From the explanations:
The FinTech licence allows institutions to accept public deposits of up to CHF 100 million, provided that these are not invested and no interest is paid on them. A further requirement is that an institution with a FinTech licence must have its registered office and conduct its business activities in Switzerland.