Health check questionnaire on your duties under the Swiss derivatives regulation

The derivatives regulation in the Swiss Financial Market Infrastructure Act remains difficult to comply with for most market participants. The starting point is to identify the applicable duties, which is a challenge of its own. It requires performing several calculations based on open derivative positions, monitoring the number of open positions, classifying derivatives based on the underlying types, the type of derivatives, the place of trading and sometimes also knowing the classification of the counterparty or differentiating between derivatives being traded for hedging or speculative purposes. These steps have to be performed on an ongoing basis.

Based on the applicable duties identified, a compliance framework has to be designed to ensure meeting the relevant duties. A good compliance framework is tailored to the size of the organisation and the volumes and variety of the derivatives traded.

Thanks to our vast experience in derivatives regulation projects at different clients spanning from global systemically important banks to small and medium-sized enterprises, we are used to deliver solutions that are as detailed as necessary and as lean as possible.

Our questionnaire is a starting point to understand where your organisation stands with regards to compliance in derivatives regulation – and is relevant also for organisation that do not trade in derivatives.