The Bank has available a brochure on FinSA covering:
- An introduction to FinSA
- An Introduction to FAB
- Contact and Licence Information
- Details on the Financial Services Provided by FAB
- Suitability and Appropriateness Assessment
- Client Classification and ability to opt-out / opt-in
- Conflicts of Interest
- Complaints Handling and Ombudsman
The brochure can be downloaded here.
Brochure on Risks Involved in Trading Financial Instruments
The Swiss Bankers Association has published a brochure “Risks Involved in Trading Financial Instruments”, and this can be downloaded here.
Best execution refers to the measures taken by the Bank to obtain the best possible result for its clients on a consistent basis when executing transactions on their behalf (including use of third-party financial institutions to execute transactions).
The Bank uses its judgment, experience and any information available at the time to determine the relative importance of the relevant execution factors and criteria.
The factors considered include price, costs (including compensation of third parties), speed of execution, likelihood of execution and settlement (including taking account of counterparty risk), size of the trade, nature of the transaction and any other relevant order execution considerations.
In liquid markets the key factors are generally price and cost. In illiquid markets the speed of execution becomes more relevant, and in other cases likelihood of execution and market impact may become more important.
The Bank has implemented a thorough governance framework including a comprehensive best execution policy, which gives further details on the factors taken into account and the selection of brokers/counterparties.