(Art. 32 para. 2 and 3 FinSA)

¹ Client advisers shall report to the registration body within 14 days:

a.

any change in name;

b.

any change in the name or address of the financial service provider for which they work;

c.

any change in their function and position within the organisation;

d.

any change in their areas of activity;

e.

basic training and continuing professional development completed;

f.

any change in ombudsman's office;

g.

the complete or partial termination of professional indemnity insurance cover;

h.

termination of activity as a client adviser;

i.

convictions for criminal offences under the financial market acts in accordance with Article 1 of the Financial Market Supervision Act of 22 June 2007⁴ (FINMASA) or for criminal offences against property under Articles 137–172^ter of the Swiss Criminal Code⁵;

j.

a prohibition imposed on them from performing an activity in accordance with Article 33a FINMASA or a prohibition from practising a profession in accordance with Article 33 FINMASA;

k.

convictions or decisions comparable to those under letters i and j handed down by foreign authorities.

² Client advisers must renew their registration after 24 months at the latest. Failure to do so will result in cancellation of the entry in the register.