1 The fund management company may not delegate the management of the investment fund to third parties. However, it may delegate investment decisions as well as specific tasks to third parties, provided this is in the interests of efficient management.
2 In the case of collective investment schemes for which the facilitated offering of shares exists in the European Union based on a treaty, investment decisions may not be delegated to either the custodian bank or any other companies whose interests may conflict with those of the manager of collective assets or the fund management company or the investors.
1 La direcziun da fonds na dastga betg transferir a terzs la direcziun dal fond d’investiziun. Ella dastga però transferir a terzs decisiuns d’investiziun sco er incumbensas parzialas, sche quai è en l’interess d’ina administraziun adequata.
2 Per investiziuns collectivas da chapital, da las qualas las quotas vegnan purschidas a cundiziuns facilitadas en l’Uniun europeica pervia d’ina cunvegna, na dastgan las decisiuns d’investiziun vegnir transferidas ni a la banca da deposit ni ad autras interpresas, da las qualas ils interess pudessan collidar cun tals da l’administratur da facultads collectivas u da la direcziun da fonds u dals investiders.
This document is not an official publication. Only the publication of the Federal Chancellery is legally binding.
Il presente documento non è una pubblicazione ufficiale. Fa unicamente fede la pubblicazione della Cancelleria federale. Ordinanza sulle pubblicazioni ufficiali, OPubl.