Federal Act on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.


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Art. 47

1The Fed­er­al Coun­cil may ad­opt pro­vi­sions which de­vi­ate from this Act for ex­changes where elec­tri­city de­riv­at­ives are traded and for trad­ing on such ex­changes in or­der to take ac­count of the spe­cif­ic fea­tures of the elec­tri­city mar­ket, par­tic­u­larly so as to safe­guard the pub­lic in­terest in a se­cure power sup­ply.

2It may em­power FINMA to is­sue pro­vi­sions, in agree­ment with the Fed­er­al Elec­tri­city Com­mis­sion, in areas with a re­stric­ted scope, namely those that are primar­ily tech­nic­al.

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