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


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Art. 115 Intra-group transactions

The duty to trade in ac­cord­ance with Art­icle 112 does not ap­ply if:

a.
the two coun­ter­parties are in­cluded in the same full con­sol­id­a­tion basis;
b.
the two coun­ter­parties are sub­ject to ap­pro­pri­ate cent­ral­ised risk eval­u­ation, meas­ure­ment and con­trol pro­ced­ures; and
c.
the trans­ac­tions do not aim to cir­cum­vent the duty.
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