Sarah studied at the University of Lucerne (MLaw 2008; Dr. iur. 2013). While writing her doctoral thesis, she worked as a scientific assistant at the chair for civil procedure and civil law at the University of Lucerne. Sarah has gained extensive experience in advising Swiss and international banks, collective investment schemes and asset managers on all matters of banking and financial market law, with special focus on Swiss and European financial law.
It is a challenge for all financial intermediaries to develop relevant product documentation (PRIIPs KID, UCITS KIID, FIDLEG BIB, German BIP), to keep it always up to date and to disclose it on time to their clients. The financial intermediaries are obliged to explain the financial instruments, associated risks and costs enabling the client to compare different financial instruments. To fulfill this obligation within the given legal framework, financial intermediaries should aim to find a balanced solution under consideration of their specific infrastructure.
During his time as Management Consultant for a big four consulting company Roman was focusing on regulatory transformation projects of international private banks and asset managers with strong emphasis on strategic realignment, optimization of the operating model and the definition of tailor-made advisory solutions. Roman has brought knowledge regarding regulatory transformation projects and is currently advising clients about FIDLEG/ MiFID II and PRIIPs as well as strategic impacts.
Based on the wave of new regulatory requirements financial intermediaries, on the one hand, are asked to have a clear perspective and, on the other hand, to implement these new requirements as efficient as possible within the own company. To identify the strategic challenges and to gain potential competitive advantages thereof is key. Considering the new regulatory requirements in the light of their impacts on the whole value chain as a pure compliance exercise will result in a strategic disadvantage and increased operational costs.