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. 70 Definition

Links between cent­ral se­cur­it­ies de­pos­it­or­ies are un­der­stood as mean­ing agree­ments:

a.
between cent­ral se­cur­it­ies de­pos­it­or­ies re­gard­ing the mu­tu­al ex­e­cu­tion of pay­ment and trans­fer or­ders (in­ter­op­er­ab­il­ity links);
b.
re­gard­ing the dir­ect or in­dir­ect par­ti­cip­a­tion of a cent­ral se­cur­it­ies de­pos­it­ory in an­oth­er cent­ral se­cur­it­ies de­pos­it­ory (ac­cess links).
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