Market view and Insights
The new Swiss Financial Services Act (FinSA) came into force on 1 January 2020. Its main purpose is to strengthen client protection in the Swiss financial market, which at the same time enhances the competitiveness of the Swiss financial center.
Please note that LGT Bank (Switzerland) AG makes use of the transitional periods granted by law to implement the conduct and organizational obligations under FIDLEG.
We have put together a user-friendly brochure that summarizes the general rules and rules of conduct that will apply from January 1, 2022 and their impact on your banking relationship.
FinSA and FinIA: Swiss Investor Protection Regulations
LGT Bank (Switzerland) AG and its supervisory authority
LGT Bank (Switzerland) AG is a Swiss private bank and part of the LGT Group. The bank is subject to the Swiss Banking Act (BankG) and is supervised by the Swiss Financial Market Supervisory Authority (FINMA).
LGT Bank (Switzerland) AG
Lange Gasse 15
Swiss Financial Market Supervisory Authority FINMA
Phone: +41 31 327 98 88
Further details on the individual branches of LGT Bank (Switzerland) AG
Risks Involved in Trading Financial Instruments and further documents
The Swiss Bankers Association has provided general information on typical financial services in the investment field and the risks involved in trading, buying, selling and safekeeping financial instruments, as well as a relevant glossary, clearly presented in the brochure "Risks Involved in Trading Financial Instruments" of November 2019. This new brochure replaces the publication "Special Risks in Securities Trading" from 2008.
Risks Involved in Trading Financial Instruments (November 2019)
You will also find various additional documents on the subject of investor protection on our website. If you have any questions, please contact your Relationship Manager.
Information on the Swiss Banking Ombudsman
We make it our mission to ensure that our clients are satisfied.
Nevertheless, please do not hesitate to contact your relationship manager directly if you do have
cause to complain about a service.
You as our client may also contact the out-of-court arbitration body in the financial services sector, the Swiss Banking Ombudsman.
Swiss Banking Ombudsman
Are my deposits protected under the deposit insurance esisuisse? Yes, like any bank and any securities firm in Switzerland, LGT Bank (Switzerland) Ltd. is required to sign the Self-regulation "Agreement between esisuisse and its members". This means clients’ deposits are protected up to a maximum of CHF 100,000 per client. Medium-term notes held in the name of the bearer at the issuing bank are also considered deposits. Depositor protection in Switzerland is provided by esisuisse, and the depositor protection system is explained in detail at www.esisuisse.ch.