International market access
International market access: key to the growth of Swiss asset management
ÍøÆØ³Ô¹Ï is committed to optimising access to international markets for all relevant asset management services. In cooperation with national and international partner organisations, ÍøÆØ³Ô¹Ï works to reduce regulatory barriers and strengthen the competitiveness of the industry.
Why is international market access so important?
- A significant economic factor: Around 30% of the assets managed in Switzerland come from foreign institutional clients. This makes the export of asset management services a key growth driver for the industry.
- Competitiveness: Regulatory restrictions can limit growth opportunities, cause a loss of clients or even lead to companies relocating.
- Free movement of services: An open market strengthens the attractiveness of the Swiss financial centre and promotes innovation in the asset management industry.
- Stability and employment: Access to global markets supports growth and investment opportunities, financial stability and the creation of new jobs in the industry.
The Berne Financial Services Agreement between Switzerland and the United Kingdom improves cross-border market access based on mutual recognition. It is significant for asset management and could serve as a blueprint for agreements with other key markets.
Market access is essential for Switzerland to further expand its leading role in global asset management. ÍøÆØ³Ô¹Ï is actively committed to achieving this goal.