FECIF - The European Federation of Financial Advisers and Financial Intermediaries
  • SAVE THE DATE // 10/DEC/2015 // SAVE THE DATE
  • 2nd EUROPEAN FINANCIAL CONFERENCE 2015
  • 10 DECEMBER 2015 // BRUSSELS, BELGIUM
  • »SOCIAL WELFARE IN TIMES OF ECONOMIC STAGNATION:«
  • Can smart regulation stimulate private pensions?
  • 10th DECEMBER 2015 // Renaissance Hotel, BRUSSELS (BE)
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Daniel GLASNERDaniel GLASNER
Honorary Member of GSCGI and  Independent Financial Advisor at ACTION FINANCE SA

Dispute resolution – the Swiss way

In Switzerland, mediation will become mandatory in disputes relating to asset management and financial advice as set by the new Financial Acts FinIA and FinSA that will come into effect on January 1st 2020.

What’s new?

Switzerland often successfully acts as Mediator in settlements of international conflicts. However, the use of out-of-court procedures is also encouraged for the resolution of civil law disputes between private parties. Priority is given to the peaceful settlement of disputes since the solutions found in transaction are more viable and cost efficient as they take into account all circumstances of the conflict and not only its legal and procedural sides.*

Albert Einstein was asked during WW2 where he would take refuge if a nuclear war started in Europe. He answered that he would go to Switzerland. “How come?” the journalist asked, as Switzerland is situated in the middle of Europe? Albert Einstein replied: because everything takes 50 years to arrive to Switzerland.

Albert Einstein would be surprised today to learn that it took less than 10 years for the Swiss federal legislator to enforce mandatory Mediation for its financial sector. Indeed...

 

  
 

The European Federation of Financial Advisers and Financial Intermediaries (FECIF) was chartered in June 1999 for the defence and promotion of the role of financial advisers and intermediaries in Europe.

FECIF, the only body representing European financial advisers and intermediaries, it is based in Brussels, the heart of Europe.

 

 

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NEW: FECIF Board Meeting 2018

Board Meeting July 2018 - Brussels, Belgium

 

 

 

 

 

 

 

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Fédération Européenne des Conseils et Intermédiaires Financiers (FECIF)
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