Corinth Group Switzerland: Regulatory Status, Reporting Pathways, and What FINMA Says

Searching for information about the Corinth Group's operations in Switzerland? This page covers the Swiss regulatory landscape, what FINMA's register shows (and doesn't show), how to report suspected financial fraud in Switzerland, and what Swiss authorities can investigate.

FINMA: No Authorisation Found

The Swiss Financial Market Supervisory Authority (FINMA) maintains a public register of all authorised financial institutions. A search for “Corinth,” “C-Capital Group,” the registered address Stadtgartenweg 6, and the names of all known principals (Martin Walter Model, Jurate Kairiene) returns no results [FINMA register, accessed May 2026].

Under the Swiss Financial Institutions Act (FinIA, in force since 1 January 2020) and the Financial Services Act (FinSA), entities that manage assets on behalf of clients, operate collective investment schemes, or act as securities dealers require FINMA authorisation. FINMA also maintains a warning list of entities that may be conducting unauthorised financial activities.

Reporting to Swiss Authorities

Switzerland has several reporting pathways for suspected financial crime:

1. Staatsanwaltschaft Graubünden (Cantonal Prosecutor)

Since all six Corinth Group Swiss AGs are registered in the canton of Graubünden, the cantonal prosecutor has primary jurisdiction. A criminal complaint (Strafanzeige) can be filed under Article 146 StGB (Betrug — Fraud). Filing is free and does not require a lawyer. The complaint should include: identity of the complainant, description of the alleged fraud, documentary evidence (term sheets, payment records, correspondence), and identification of the suspected persons.

2. FINMA

FINMA accepts reports of potentially unauthorised financial activity through its website. Reports can be made anonymously. FINMA can investigate, issue warnings, order cessation of activities, and impose liquidation on unauthorised entities. Contact: FINMA Enforcement Division.

3. Bundesanwaltschaft (Federal Prosecutor)

For cases with an international dimension — which applies to the Corinth Group given its UK and Cyprus operations — the Office of the Attorney General of Switzerland (Bundesanwaltschaft) may take jurisdiction. Federal prosecution is more likely when the alleged scheme spans multiple cantons or countries.

Swiss Corporate Law Context

Swiss AGs (Aktiengesellschaften) are stock corporations governed by the Swiss Code of Obligations (OR). The sole signatory arrangement — where one individual has individual signature authority (Einzelunterschrift) — is legal but unusual for entities claiming to manage institutional investment. Most legitimate Swiss asset managers have multiple signatories with collective signature requirements (Kollektivunterschrift zu zweien) as a basic governance control [Swiss Code of Obligations, Art. 718].

The Dormant Company Issue

Swiss commercial registry records show that five of the six Corinth AGs were pre-existing dormant companies acquired and renamed. This practice is legal in Switzerland but is flagged by anti-money laundering compliance frameworks as a potential indicator of corporate identity manipulation. The Swiss Commercial Register records every name change, allowing the full rename history to be traced through Zefix.

Why Switzerland Matters

The Swiss jurisdiction provides the Corinth Group with several advantages: the perception of Swiss financial solidity, limited public access to beneficial ownership information (compared to the UK), and a cantonal prosecution system where resource constraints can slow investigation of complex financial cases. However, Switzerland also has strong legal tools — Art. 146 StGB carries penalties of up to 5 years imprisonment for fraud, and FINMA has broad enforcement powers including asset freezes.

Key Facts

• No FINMA authorisation for any Corinth Group entity
• All 6 Swiss AGs registered in Canton of Graubünden (Chur)
• Staatsanwaltschaft Graubünden has jurisdiction — Strafanzeige under Art. 146 StGB is free
• 5 of 6 AGs are acquired dormant companies — rename history traceable via Zefix
• Sole signatory (Einzelunterschrift) across all 6 entities — unusual for entities claiming institutional investment management
• Swiss Code of Obligations Art. 718 governs signatory arrangements
• Art. 146 StGB (Betrug): up to 5 years imprisonment

Complaint Reports

People Involved

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