SWITZERLAND: SIX Offers New ETF Sanctions Screening Capability

Thursday November 10 2022

On 10^th November 2022, the Swiss Stock Exchange (SIX) has created a new module to provide a broad analysis of the constituent securities of ETFs.

The sanctioned securities monitoring service (SMSS) from SIX brings together vast amounts of securities information, plus analysis of sanctioned entities and sanctions regimes for pre- and post-trade screening. Utilizing the unparalleled ETF look-through data from ULTUMUS, this new module from SIX helps making ETFs more transparent for clients by identifying sanctioned securities present in ETFs.

If an ETF is tainted with sanctioned securities, SIX supports clients in identifying this change through access to daily sanctions data for most major regimes. This helps to minimize the risk level and protect market participants from compliance breeches or investment strategy misalignments, while also protecting the portfolio value should the sanctioned securities contribute to an impact on liquidity and devaluing of the ETF.

Click on the above link for further information