As of January 2020, the Federal Act on Financial Services (FinSA) will introduce new rules of conduct at the point of sale for financial services providers, aimed at aligning the Swiss financial market legislation with MiFID II. Their impact depends on the client category and whether the service qualifies as portfolio management, advisory or execution only client relationship. The consultation on the draft ordinance to the FinSA (Draft-FinSO) ends on 6 February 2019.