Governance & Risk

Six of the seven members, including the Chair, meet the independence criteria of the Swiss Code of Best Practice: no executive role in the past five years, no material business relationship, no cross-directorships. The one non-independent seat belongs to the representative of the founding families — disclosed as such, and excluded from compensation decisions.

Forty percent of every variable award is converted into units of the firm’s own funds and vests over three years. Deferral applies to the executive committee, portfolio managers and analysts alike. If clients lose money over the period, so does the team that managed it; malus provisions allow unvested amounts to be reduced after a compliance breach.

Risk and compliance report to the CFO & COO, with an unrestricted escalation line to the chair of the audit and risk committee; internal audit is outsourced to an independent firm appointed by, and reporting to, the committee — not to management. Together, the second and third lines account for roughly one in twelve positions at the firm.

Meridian Capital has held a licence as a manager of collective assets since the regime was introduced, files its regulatory returns on time and maintains an open supervisory dialogue. The 2025 cycle closed with zero material findings, and no client compensation case has ever been recorded.