ORYX Finance is supervised by the OAR-G ( www.oarg.ch ).

So that Financial Intermediaries based in Switzerland can meet their obligations, the Federal Department of Finance (FDF) allowed for the creation of Self-Regulatory Organisations (SRO). Since the Money Laundering Act (MLA) came into force on 1st April 1998, anyone involved in activities subject to the MLA is obliged to become affiliated to an SRO or to place him/herself under the direct supervision of the Money Laundering Control Authority (MLCA) in Bern.

It was for this reason that two professional bodies representing asset managers in French-speaking Switzerland decided to set up an SRO for their members. The Groupement Suisse des Conseils en Gestion Indépendants (GSCGI) and the Groupement Patronal Corporatif des Gérants de Fortune de Genève (GPCGFG) thus founded the OAR-G, a non-profit-making organisation, in accordance with articles 60 and thereafter of the Swiss Civil Code, with headquarters in Geneva, and recognised by the competent federal authority as a self-regulatory organisation in matters relating to the MLA.

The OAR-G's mission

• To help combat money laundering in accordance with article 305b of the Swiss Penal Code ("SPC").
• To fulfil the functions assigned to the Self-Regulatory Organisations (SRO) and provided for in the federal Money Laundering Act of October 10 1997 (MLA).
• To ensure that its members' activities conform to the money laundering act and that it is correctly interpreted.
• To keep its members informed of any developments and updates regarding the fight against money laundering.
• To give its members appropriate training.
• To contribute to the development of the legislation pertaining to the MLA.

ORYX is supervised by this organisation and it reports to Bern. Partners at ORYX must take part in the training sessions (obligatory) and submit a report once a year, which has been verified by a recognised auditor.