Swiss Financial Center

Mencey is an independent Swiss Financial Intermediary authorized and supervised by FINMA, the Swiss supreme financial sector supervisory authority.

Switzerland is one of the most efficiently regulated and supervised international financial centres in the world. Strict legislation is in place and enforced against money laundering, corruption, fraud and misappropriation of assets by politically exposed persons. Banking secrecy can be lifted when there is evidence of a link with organized crime, terrorism, corruption, fraud or money laundering.

The Swiss financial sector is highly developed. With a 12% contribution to GDP, employment of 200’000 workers and a contribution to the current account surplus of approximately 40%, the Swiss financial sector plays a key role within the Swiss national economy.

Switzerland is, with London, the European centre for alternative investments. These investments include hedge funds, venture capital, private equity and commodities. In addition Switzerland is a leading country in asset management and is home to various world leaders in the fields of investment banking, private banking, alternative investment specialists, commodities brokers and insurance companies.

The Swiss financial sector is composed of more than 330 banks, 260 insurance companies, 2’500 pension funds, 70 securities brokers, 700 asset managers in addition to numerous other financial intermediaries and securities markets.

The secret of Swiss success resides in the combination of efficient regulation and excellent reputation with the appropriate infrastructure and specialized human capital within a favourable fiscal and business environment.