POLYREG
WM is regulated by PolyReg. Independent asset managers like WM are subject to licensing under the Anti-Money Laundering Act (AMLA; SR 955.0).
They may join one of the self-regulating bodies overseen by FINMA or apply for a permit to the Money Laundering Control Authority. PolyReg is a self-regulatory body recognized by the FINMA and established according to Article 24 of the Swiss Money Laundering Act and acts as a regulatory and supervising organization for its members.
POLYASSET
WM is authorized to distribute collective investment schemes (e.g. funds and ETFs). The Swiss Collective Investment Schemes Act (CISA) requires an authorization for the promotion of collective capital assets and forbids, under penalty of law, the public promotion of such assets without authorization WM is certified by PolyAsset to market collective capital assets and subject to PolyAsset Code of Professional Conduct.