Asset Capital Management SA Announces Completion of Annual Certification for Swiss Financial Market Supervisory Authority
Asset Capital Management SA has announced completion of the annual certification for authorized regulatory organisation Standards Association for Quality Assurance in Financial Services.
- (1888PressRelease) November 08, 2013 - Marc Lambert, Chief Compliance officer for Asset Capital Management, has announced the firm's completion of the annual certification for Swiss Financial Market Supervisory Authority authorized regulatory organisation Standards Association for Quality Assurance in Financial Services (VQF).
The Standards Association for Quality Assurance in Financial Services (VQF) has held the function of an official, FINMA-recognized Self-Regulatory Organization (SRO) pursuant to the Anti-Money Laundering Act (AMLA) since 1998. Members of the VQF include financial intermediaries from the parabanking sector, such as independent asset managers, trustees, lawyers, trust companies, providers of collective capital investment schemes, etc
Mr. Lambert noted, "We recognize the significance this Self Regulating Organizations (SRO). As such, Asset Capital Management and the VQF contribute towards protecting and strengthening the interests of financial intermediaries and their investors, as well as the interests of Switzerland as a financial centre."
As part of inspection and audit practices, Senior Accounting and Compliance personnel for Asset Capital Management successfully completed advanced training seminars which are designed for all persons who are active in the field of the Anti-Money Laundering Act (AMLA).
About the VQF:
The VQF is the leading, largest, officially recognized self-regulatory organization pursuant to the Federal Act of 10 October 1997 on the combating of money laundering and the prevention of the financing of terrorism in the financial sector. The VQF is officially recognized and regulated through a supervisory system referred to as controlled self-regulation.
About Asset Capital Management SA:
Asset Capital Management is a privately owned boutique investment firm based in Zurich, Switzerland, focusing on biotech and healthcare venture capital in the Private Equity market. Asset Capital Management interacts with leading institutions and many key thought leaders across the healthcare industry.
Together with them, Asset Capital Management is able to create the opportunities for emerging companies to build their businesses and to create long term shareholder value.
As active partners and board members, rather than just providers of cash, Asset Capital Management helps to grow our target companies and position them at the forefront of their market niches.
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