Vous trouvez ci-dessous le lien qui vous permettra d’accéder à notre News 2/2026 concernant la responsabilité du gestionnaire de fortune indépendant qui n’informe pas ses clients de l’existence de rétrocessions reçues d’établissements bancaires.

Nous nous réjouissons de l’accueil que vous réserverez à cette communication et restons à votre entière disposition pour tout renseignement complémentaire.

Genève, le 13 janvier 2026

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Untenstehend finden Sie den Link, der Sie zu unseren News 2/2026 bezüglich der Haftung Strafbarkeit eines unabhängigen Vermögensverwalters wegen fehlender Offenlegung der Retrozessionen, die er von einer Bank erhalten hat.

Wir hoffen, dass diese Informationen auf Ihr Interesse stossen und wünschen Ihnen eine gute Lektüre. Selbstverständlich stehen wir Ihnen jederzeit für weitere Informationen zur Verfügung.

Mit freundlichen Grüssen,

Genf, 13. Januar 2026

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The post GFI’s liability for failure to provide informationAiding and abetting dishonest management – News appeared first on BRP.

Luxembourg

BRP has published its latest Country Manuals Cryptos Overview for

Luxembourg

out of Crypto-Asset service provider’s country of establishment (DEF, RS & RT)

For more information, please contact us: info@brpsa.com

Geneva, January 13^th, 2025

The post Luxembourg – NEW CM CO appeared first on BRP.

Discover our new Alert regarding the updated EU Retail Investment Framework – Key elements of the provisional political agreement.

Contact us info@brpsa.com to obtain access to our Alerts or for any other enquiries regarding Alert EU 2/2026 concerning the updated EU Retail Investment Framework – Key elements of the provisional political agreement.

Geneva, January 13^th, 2026

The post Updated EU Retail Investment Framework – Key elements of the provisional political agreement – Alert EU appeared first on BRP.

Egypt – Update 2026

out of Credit Institution’s Country of Establishment (Def, BT & Def)

Regulatory Template, Behaviour Template and Definitions and Concepts

Material changes

The Country Manual has been reviewed to ensure that the content of all documents remains accurate and up to date. We can confirm that there have been no major material changes or modifications of the relevant Egyptian cross-border legislation since the last publication of this Country Manual. Further to clarifications obtained from local counsel, please note however that mortgage credits for residential immovable property located both in Egypt and in the credit institution’s country are not considered as consumer credit.

Non-material changes

There have been certain, non-material changes to the wording in the RT to improve clarity and comprehensions.

 For more information, please contact us: info@brpsa.com

Geneva, January 13^th 2026

The post Egypt – CM C appeared first on BRP.

Isle of Man

out of Company’s Country of Establishment (RS, BT & Def)

Regulatory Summary and Behaviour Template

Material changes

There are no significant material changes to be reported since the last update, but we have added an extra comment to the Behaviour Template for Providing Marketing Brochures on the Company’s initiative that there should be no information on specific services.

We have also added the comment “on a one-to-one basis” for custodian account opening on the Client’s initiative.

Non-material changes

Some comments have been reworded and further non-material changes have been made throughout the documents.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the EAM Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM EAM BT SHORT COMP” and “ISLE OF MAN” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in colour). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, January 12^th 2026

The post Isle of Man – CM EAM appeared first on BRP.

Discover our new Alert regarding the ESMA factsheet_Tips for responsible promotion for Finfluencers.

Contact us info@brpsa.com to obtain access to our Alerts or for any other enquiries regarding Alert EU 1/2026 concerning the ESMA factsheet: Tips for responsible promotion for Finfluencers.

Geneva, January 12^th, 2026

The post ESMA factsheet_Tips for responsible promotion for Finfluencers – Alert EU appeared first on BRP.

Qatar

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

There have been no significant changes or material legal changes. We have however added an extra comment for recommendation lists and advice where the answer is Grey zone/YES to emphasise that there should be no advice on locally listed securities. This is to reflect that tolerated practice allowing limited, discreet Crossborder activity will not likely apply to advice relating to securities listed on the Qatar Stock Exchange.

Non-material changes

Some comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “QATAR” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in colour). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, January 12^th 2026

The post Qatar – CM PB appeared first on BRP.

Hong Kong

BRP has published its latest Country Manual Trustee for

Hong Kong

Regulatory Summary and Definitions and Concepts

Material changes

The content has been reviewed to ensure that all documents remain accurate and in line with the interpretation of the current legal framework.

With regard to Trustee activities, we can confirm that there have been no relevant regulatory changes since the last publication of this Country Manual.

Non-material changes

Some comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.

For more information, please contact us: info@brpsa.com

Geneva, January 9^th, 2026

The post Hong Kong – CM T appeared first on BRP.

Belgium

BRP has published its latest Country Manual Trustee for

Belgium

Regulatory Summary and Definitions and Concepts

Material changes

The content has been reviewed to ensure that all documents remain accurate and in line with the interpretation of the current legal framework. The following should be noted:

Collecting relevant supporting documents and information may not be performed onsite by the Trustee;

Some nuances and conditions have been added to the answers concerning the general prospection activities of the Bank (i.e. presenting the Bank in general terms, providing the Bank’s annual report and press reviews, and providing marketing brochures on the Bank) to remind that there are no formal rules or clear position of the authorities for reverse solicitation.

Non-material changes

Some comments and content have been slightly reworded (without introducing material changes) to reflect the regulatory situation/current interpretation of the regulatory framework more accurately.

For more information, please contact us: info@brpsa.com

Geneva, January 9^th, 2026

The post Belgium – CM T appeared first on BRP.

Saint Barthélemy out of Monaco

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

The documents have been reviewed, and we can confirm that there have been no relevant regulatory developments implying material changes since the last update of this Country Manual.

Non-material changes

To reflect the strict approach of the authorities with regard to reverse solicitation, in particular for contacts taking place on Saint Barthélemy’s territory, investment-related prospecting activities with Qualified prospects are now a grey zone.

In the Behaviour Template, the condition “on an occasional basis” has been added to socialising activities in Saint Barthélemy, to remind foreign banks that any kind of activity taking place on Saint Barthélemy’s territory could be considered a relevant element in application of the “bundle of indicators” method. Thus, even for simple socialising activities, it is recommended to avoid a too regular presence Saint Barthélemy.

Further non-material developments and amendments have been made throughout all the documents.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “SAINT BARTHÉLEMY” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, January 9^th 2026

The post Saint Barthélemy out of Monaco – CM PB appeared first on BRP.

New Caledonia out of Monaco

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

The documents have been reviewed, and we can confirm that there have been no relevant regulatory developments implying material changes since the last update of this Country Manual.

Non-material changes

To reflect the strict approach of the authorities with regard to reverse solicitation, in particular for contacts taking place on the New Caledonian territory, investment-related prospecting activities with Qualified prospects are now a grey zone.

In the Behaviour Template, the condition “on an occasional basis” has been added to socialising activities in New Caledonia, to remind foreign banks that any kind of activity taking place on the New Caledonian territory could be considered a relevant element in application of the “bundle of indicators” method. Thus, even for simple socialising activities, it is recommended to avoid a too regular presence New Caledonia.

Further non-material developments and amendments have been made throughout all the documents.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “NEW CALEDONIA” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, January 8^th 2026

The post New Caledonia out of Monaco – CM PB appeared first on BRP.

Chère Cliente, Cher Client,

Vous trouvez ci-dessous le lien qui vous permettra d’accéder à notre Alerte réglementaire 1/2026 sur l’ordonnance de blocage de valeurs patrimoniales dans le contexte du Venezuela.

Nous nous réjouissons de l’accueil que vous réserverez à cette communication et restons à votre entière disposition pour tout renseignement complémentaire.

Avec nos meilleures salutations,

Genève, 7 janvier 2026

News Fr ; News En

Sehr geehrte Kundinnen und Kunden

Untenstehend finden Sie den Link, der Sie zu unseren News Regulierung 1/2026 über dei Venezuela-Verordnung führt.

Wir hoffen, dass diese Informationen auf Ihr Interesse stossen und wünschen Ihnen eine gute Lektüre. Selbstverständlich stehen wir Ihnen jederzeit für weitere Informationen zur Verfügung.

Mit freundlichen Grüssen,

Genf, 7 Januar 2026

News De ; News En

The post Venezuela Blocking and Restrictive Measures Order – Alert appeared first on BRP.

Wallis and Futuna

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

The documents have been reviewed, and we can confirm that there have been no relevant regulatory developments implying material changes since the last update of this Country Manual.

Non-material changes

To reflect the strict approach of the authorities with regard to reverse solicitation, in particular for contacts taking place on the Wallisian Futunan territory, investment-related prospecting activities with Qualified prospects are now a grey zone.

In the Behaviour Template, the condition “on an occasional basis” has been added to socialising activities in Wallis and Futuna, to bear in mind that any kind of activity taking place on the Wallisian Futunan territory could be considered a relevant element in application of the “bundle of indicators” method. Thus, even for simple socialising activities, it is recommended to avoid a too regular presence Wallis and Futuna.

Further non-material developments and amendments have been made throughout all the documents.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “WALLIS AND FUTUNA” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, January 7^th 2026

The post Wallis and Futuna – CM PB appeared first on BRP.

Vous trouvez ci-dessous le lien qui vous permettra d’accéder à notre News 1/2026 concernant le cas d’une complicité de gestion déloyale lors de rétrocommissions.

Nous nous réjouissons de l’accueil que vous réserverez à cette communication et restons à votre entière disposition pour tout renseignement complémentaire.

Genève, le 6 janvier 2026

News Fr ; News En

Untenstehend finden Sie den Link, der Sie zu unseren News 1/2026 beitreffend dei Fall einer Gehilfenschaft zur ungetreuen Geschäftsbesorgung im Zusammenhang mit Rückvergütungen.

Wir hoffen, dass diese Informationen auf Ihr Interesse stossen und wünschen Ihnen eine gute Lektüre. Selbstverständlich stehen wir Ihnen jederzeit für weitere Informationen zur Verfügung.

Mit freundlichen Grüssen,

Genf, 6. Januar 2026

News De ; News En

The post Aiding and abetting dishonest management – News appeared first on BRP.

French Polynesia out of Monaco

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

The documents have been reviewed, and we can confirm that there have been no relevant regulatory developments implying material changes since the last update of this Country Manual.

Non-material changes

To reflect the strict approach of the authorities with regard to reverse solicitation, in particular for contacts taking place on the French Polynesian territory, investment-related prospecting activities with Qualified prospects are now a grey zone.

In the Behaviour Template, the condition “on an occasional basis” has been added to socialising activities in French Polynesia, to remind foreign banks that any kind of activity taking place on the French Polynesian territory could be considered a relevant element in application of the “bundle of indicators” method. Thus, even for simple socialising activities, it is recommended to avoid a too regular presence in French Polynesia.

Further non-material developments and amendments have been made throughout all the documents.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “FRENCH POLYNESIA” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, January 6^th 2026

The post French Polynesia out of Monaco – CM PB appeared first on BRP.

Discover our new Alert India.

Contact us info@brpsa.com to obtain access to our Alerts or for any other enquiries regarding Alert India 1/2026concerning the recent amendments made by to the Foreign Portfolio Investors and KYC for Non-resident Indians.

Geneva, January 6^th 2026

The post Foreign Portfolio Investors and KYC for Non‑resident Indians – recent amendments – Alert India appeared first on BRP.

French Polynesia out of France

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

The documents have been reviewed, and we can confirm that there have been no relevant regulatory developments implying material changes since the last update of this Country Manual.

Non-material changes

Some non-material developments and amendments have been made throughout the Regulatory Summary for clarity purposes.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “FRENCH POLYNESIA” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, January 5^th 2026

The post French Polynesia out of France – CM PB appeared first on BRP.

French Polynesia

out of Bank’s Country of Establishment (Def, RS, BT & RT)

Regulatory Template, Regulatory Summary and Behaviour Template

Material changes

The documents have been reviewed, and we can confirm that there have been no relevant regulatory developments implying material changes since the last update of this Country Manual.

Non-material changes

To reflect the strict approach of the authorities with regard to reverse solicitation, in particular for contacts taking place on the French Polynesian territory, investment-related prospecting activities with Qualified prospects are now a grey zone.

In the Behaviour Template, the condition “on an occasional basis” has been added to socialising activities in French Polynesia, to bear in mind that any kind of activity taking place on the French Polynesian territory could be considered a relevant element in application of the “bundle of indicators” method. Thus, even for simple socialising activities, it is recommended to avoid a too regular presence in French Polynesia.

Further non-material developments and amendments have been made throughout all the documents.

BT Short Comparison

This document allows users to quickly identify the modifications made compared to the previous version of the PB Manual (BT Short Comparison). The BT Short Comparison can be found on BRP’s platform (mybrponline) in the Search tab by entering in the Document Field “CM PB BT SHORT COMP” and “FRENCH POLYNESIA” in the Target Country Field.

The BT Short Comparison should be read as follows:

The first column contains a short description of the activity in question. The second column contains the answers of the previous version of the Country Manual (online until the day of the alert). The third column contains the new answers of the most recent version of the Country Manual. Only the modified answers are displayed (in color). If the answers in the new version are unchanged compared to the previous version, they are shaded in grey.

For more information, please contact us: info@brpsa.com

Geneva, December 23^rd 2025

The post French Polynesia – CM PB appeared first on BRP.