Skip to content
Continental European Financial Firms, MiFID Passports & EEA Corporate RollSaturday 24 October 2026

National Supervisory Authority & Licensing Qualification Dossier • Asia-Pacific

VQF Financial Services Standards Association (Switzerland)

Global Jurisdiction

Source / Native Reference: 瑞士金融服务标准协会(VQF)

Tier-2 SupervisorGlobal JurisdictionEst. 1998National Investor Protection / Compensation Scheme (Global Jurisdiction)
Supervisory tier
Tier-2
License classes
2
Licensed records
1
Active / regulated
1

Statutory Supervisory Mandate & Scope

VQF Financial Services Standards Association (Switzerland) (VQF Financial Services Standards Association (Switzerland)) authorises and supervises securities broker-dealers, derivatives intermediaries, asset managers, collective investment schemes, and market infrastructure in Global Jurisdiction.

Prudential Tier Assessment

Tier-2

Tier-2 national capital markets, securities, and derivatives supervisory authority in Global Jurisdiction, IOSCO member standards-aligned.

Sovereign Jurisdiction: Global Jurisdiction (Asia-Pacific)

National licensing qualifications & statutory authorisation classes (VQF Financial Services Standards Association (Switzerland))

Authorisation categories, permitted institutional and retail activities, minimum initial capital adequacy, and ongoing prudential solvency rules enforced by VQF Financial Services Standards Association (Switzerland) in Global Jurisdiction.

License class / codeOfficial designationPermitted institutional & retail activitiesMinimum initial / base capitalOngoing prudential & solvency rule
Category 1 / Principal Broker-DealerFull-Scope Securities & Derivatives Dealer (Market Maker / Principal)Dealing as principal or market maker in securities, FX, CFDs, futures, options, and underwriting.USD $150,000 – $500,000 equivalent minimum paid-up capitalRisk-weighted capital adequacy + minimum liquid capital buffer ≥ 25% of annual fixed overheads.
Category 2 / Agency Broker & Asset ManagerSecurities Brokerage (Agency / STP) & Discretionary Portfolio Management LicenceOrder execution, reception and transmission of client orders, discretionary portfolio management, and investment advisory.USD $75,000 – $150,000 equivalent minimum paid-up capitalStrict client money segregation, best-execution monitoring, and quarterly regulatory financial returns.

Investor compensation, client money segregation & digital-asset regime

Statutory counterparty protections, custody reconciliation mandates, and virtual-asset licensing status under VQF Financial Services Standards Association (Switzerland).

Investor CompensationStatutory Scheme

National Investor Protection / Compensation Scheme (Global Jurisdiction)

Maximum coverage per client
Subject to statutory national investor protection fund limits and segregated trust priority
Eligible counterparties & scope
Retail clients of licensed securities and investment brokerage firms.
Client Money & CustodyRing-Fenced

VQF Financial Services Standards Association (Switzerland) Client Money & Safe Custody Segregation Rules

Reconciliation & audit cadence
Daily reconciliation of segregated client trust bank accounts against client trading ledger balances.
Approved custodian requirements
Client funds and securities must be held in bankruptcy-remote statutory trust accounts at licensed commercial banks or central securities depositories.
Digital Assets & VASPRegulates security tokens, crypto derivatives, and licensed digital asset intermediaries in Global Jurisdiction.

VQF Financial Services Standards Association (Switzerland) Digital Asset / Tokenized Securities & VASP Regulatory Framework

Travel Rule, custody & stablecoin rules
FATF Recommendation 16 Travel Rule enforcement and institutional qualified custody standards.

Primary Governing Statutes & Rulebooks

  • Securities and Capital Markets Act of Global Jurisdiction
  • VQF Financial Services Standards Association (Switzerland) Licensing, Prudential Capital Adequacy & Conduct of Business Rules
  • Client Money & Custody Asset Segregation Regulations (Global Jurisdiction)
  • IOSCO Principles of Securities Regulation & National AML/CFT Rulebook

Regulatory Reporting & Audit Obligations

Quarterly capital adequacy returns and annual IFRS audited financial statements submitted to VQF Financial Services Standards Association (Switzerland)Annual independent auditor attestation on Client Money and Safe Custody complianceTransaction reporting, market abuse surveillance (MAR), and AML/CFT suspicious activity reporting

Cross-Border Equivalence & Passporting

Operates under Global Jurisdiction national jurisdiction and IOSCO MMoU cross-border supervisory cooperation.

Supervised institutions & VQF Financial Services Standards Association (Switzerland) licence records in our database

1 licence record referencing VQF Financial Services Standards Association (Switzerland) (1 regulated/registered).

Filter directory by VQF Financial Services Standards Association (Switzerland) →
InstitutionLicence numberStatusLicensed legal entityEffective dateVerification
NovaDAX(Global network record)Not suppliedRegulatedNovaDAX Brazil Pagamentos Ltda2018

VQF Financial Services Standards Association (Switzerland) (Global Jurisdiction): institutional licensing & due diligence FAQ

Key statutory capital, compensation, custody segregation, and verification answers for compliance teams.

What are the primary licensing classes and minimum capital requirements under VQF Financial Services Standards Association (Switzerland) (Global Jurisdiction)?

VQF Financial Services Standards Association (Switzerland) (VQF Financial Services Standards Association (Switzerland)) supervises financial institutions in Global Jurisdiction under Securities and Capital Markets Act of Global Jurisdiction and VQF Financial Services Standards Association (Switzerland) Licensing, Prudential Capital Adequacy & Conduct of Business Rules. Key statutory authorisation classes include: Category 1 / Principal Broker-Dealer (Full-Scope Securities & Derivatives Dealer (Market Maker / Principal) — min. capital: USD $150,000 – $500,000 equivalent minimum paid-up capital); Category 2 / Agency Broker & Asset Manager (Securities Brokerage (Agency / STP) & Discretionary Portfolio Management Licence — min. capital: USD $75,000 – $150,000 equivalent minimum paid-up capital). Ongoing prudential supervision requires strict adherence to capital adequacy and liquidity buffers.

Does VQF Financial Services Standards Association (Switzerland) provide statutory investor compensation and mandatory client asset segregation?

Under VQF Financial Services Standards Association (Switzerland)'s framework, investor protection is governed by National Investor Protection / Compensation Scheme (Global Jurisdiction) with maximum coverage of Subject to statutory national investor protection fund limits and segregated trust priority (Retail clients of licensed securities and investment brokerage firms.). For client money and custody assets, supervised firms must comply with VQF Financial Services Standards Association (Switzerland) Client Money & Safe Custody Segregation Rules, performing daily reconciliation of segregated client trust bank accounts against client trading ledger balances. with client funds and securities must be held in bankruptcy-remote statutory trust accounts at licensed commercial banks or central securities depositories..

How does VQF Financial Services Standards Association (Switzerland) regulate digital assets, crypto exchanges (VASPs/CASPs), and stablecoins?

VQF Financial Services Standards Association (Switzerland)'s digital-asset regime is structured around VQF Financial Services Standards Association (Switzerland) Digital Asset / Tokenized Securities & VASP Regulatory Framework (Regulates security tokens, crypto derivatives, and licensed digital asset intermediaries in Global Jurisdiction.). Custody and AML/CFT compliance obligations require: FATF Recommendation 16 Travel Rule enforcement and institutional qualified custody standards.

How can I verify an institution's VQF Financial Services Standards Association (Switzerland) licence number and check our 1 recorded licence entries?

Our database currently tracks 1 licence record referencing VQF Financial Services Standards Association (Switzerland) (1 marked regulated or registered). To verify a counterparty at the primary source, open VQF Financial Services Standards Association (Switzerland)'s official public register (https://www.vqf.ch/en/affiliation/sro-member-search/), search by the exact reference number and legal entity name, and confirm that the firm's domain and permitted activities match its statutory authorisation.

Research and compliance analysis from Euro Firm Ledger relevant to VQF Financial Services Standards Association (Switzerland) and Global Jurisdiction.

All briefings →

Statutory licensing classes, base capital rules, and investor protection summaries for VQF Financial Services Standards Association (Switzerland) (Global Jurisdiction) are maintained for institutional benchmarking and do not constitute legal advice. Always verify current rulebooks and active firm authorisations directly on VQF Financial Services Standards Association (Switzerland)’s official public register.

VQF Financial Services Standards Association (Switzerland) (VQF Financial Services Standards Association (Switzerland)) — Licensing Qualifications, Capital Rules & Supervised Firms | Euro Firm Ledger