Schellenberg Wittmer with Procimmo’s FMC license
Schellenberg Wittmer advised Procimmo on its license as a fund management company (FMC). Procimmo already has a license as manager of collective assets (MCA). With the license as FMC, Procimmo will be able to do the administration of Swiss funds and take over the fund administration of the funds it manages as of the beginning of 2025.
Schellenberg Wittmer’s team
Schellenberg Wittmer advised on all regulatory and corporate aspects obtaining all FINMA authorizations. The Schellenberg Wittmer team was led by partner Caroline Clemetson (banking & finance, investment management, pictured). Furthermore, it included counsel Joane Etienne, associate Dany Sousa Ribeiro, and trainee lawyer Pauline Zoller (all banking & finance, investment management).