Document background
The Client Confirmation Letter is a fundamental document used in Swiss business practice to formalize professional relationships and document agreed terms of engagement. This document type is particularly important in Switzerland's highly regulated business environment, where written confirmation of arrangements is often required for both legal and regulatory compliance. A Client Confirmation Letter serves multiple purposes: it confirms the scope of services, establishes clear expectations, addresses regulatory requirements, and provides a reference point for the business relationship. It's commonly used when initiating new client relationships or modifying existing ones, and is especially prevalent in regulated industries such as financial services, where Swiss law requires clear documentation of client relationships. The document needs to comply with various Swiss regulations, including the Swiss Code of Obligations and, where applicable, sector-specific regulations such as FinSA for financial services.
