Federal Act
on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading
(Financial Market Infrastructure Act, FinMIA)

¹ If a fin­an­cial mar­ket in­fra­struc­ture wishes to out­source es­sen­tial ser­vices such as risk man­age­ment, pri­or ap­prov­al must be ob­tained from FINMA. FINMA must con­sult the SNB be­fore­hand if the fin­an­cial mar­ket in­fra­struc­ture in ques­tion is con­sidered sys­tem­ic­ally im­port­ant by the SNB.

² The fin­an­cial mar­ket in­fra­struc­ture shall set out the re­cip­roc­al rights and du­ties in a writ­ten agree­ment with the ser­vice pro­vider.

³ If a fin­an­cial mar­ket in­fra­struc­ture out­sources ser­vices, it shall re­main re­spons­ible for com­pli­ance with the du­ties arising from this Act.