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| Swiss Regulatory Framework |
REYL & CIE holds an Authorised Securities Dealer license, as defined in the 1997 Swiss Federal Law regulating banking and securities dealing activities in Switzerland. REYL & CIE was among the first financial institutions in the Geneva Canton to be awarded this license in July 1999.
The Authorised Securities Dealer license attests that REYL & CIE operates under the direct supervision of the Swiss Federal Banking Commission ("SFBC") and the Swiss National Bank.
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REYL & CIE is also affiliated with the following professional organisations:
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Member, Swiss Bankers' Association (ASB); |
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Associate Member, Swiss Exchange (SWX); |
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Founding Member, Swiss Association of Authorized Securities Dealers; |
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Member, International Securities Market Association (ISMA); |
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Member, Alternative Investment Management Association (AIMA). |
| Regulated Status Outside Switzerland |
In addition to the SFBC, the following regulatory authorities have granted REYL & CIE permission to pursue its activities within their respective jurisdictions:
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Autorité des Marchés Financiers (AMF): portfolio management license in France (2004) and authorisation to market Reyl (Lux) Global Funds SICAV in France (2003). |
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Central Bank of Ireland (CBI): license to act as sponsor and investment manager of funds listed on the Dublin Stock Exchange (2003). |
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Banca dItalia / Consob: authorisation to market Reyl (Lux) Global Funds SICAV in Italy (2003). |
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Commission de Surveillance du Secteur Financier (CSSF): authorisation to act as sponsor and manager of funds listed on the Luxemburg Exchange (2002). |
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Cayman Islands Monetary Authority (CIMA): license to act as fund promoter and manager in the Cayman Islands. |
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The benefits of a strictly regulated status under Swiss law.
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