Anyone who offers shares for sale publicly or on the stock exchange must first publish an approved prospectus. This prospectus bridges the gap between a financial report and a strategy paper and allows the opportunities and risks associated with an investment to be realistically assessed.

PROSPECTUS OBLIGATION AND CONTENT

In Switzerland, companies making a public offer for the acquisition of securities or shares, or seeking admission to trading on the stock exchange, whether initial or additional, must first publish a prospectus. This prospectus contains detailed information on the company’s financial situation, assets & liabilities and profit or loss, as well as the type, price and perspective of the security.

Submission of prospectus

Review, APPROVAL AND PUBLICATION

As a prospectus review office authorised by FINMA, we accept prospectus requests in accordance with Swiss legislation. We check that prospectuses are complete, coherent and comprehensible, namely, that they are fully consistent. If necessary, we request revisions to be made to the prospectus. Once approval has been given, we publish key data relating to the approved prospectus, including information on where the full prospectus is publicly available.

​Regulations

List of countries Art. 54 para. 3 FinSA Supplements on facts not subject to approval Art. 56 para. 4 FinSA List of recognised foreign trading venues Art. 48 para. 3 FINSO List of generally recognised accounting standards Art. 51 para. 2 FINSO Regulation on the suspension of deadlines in the prospectus review procedure Regulation on the suspension of deadlines in the prospectus review procedure Further regulations

​Publications

User Manual Prospectus Office System Form Power of Attorney Prospectus Office System Form for Activation of a Technical User Account Prospectus Office System Further publications

​Communiqués

28.05.2020 SIX Exchange Regulation AG: FINMA grants licence as prospectus office Further communiqués