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 is part of a fin­an­cial group, FINMA may make its au­thor­isa­tion con­tin­gent upon the ex­ist­ence of ap­pro­pri­ate con­sol­id­ated su­per­vi­sion by a fin­an­cial mar­ket su­per­vis­ory au­thor­ity.

² Two or more com­pan­ies are deemed to be a fin­an­cial group pur­su­ant to this Act if:

a.

at least one of them op­er­ates as a fin­an­cial mar­ket in­fra­struc­ture;

b.

they op­er­ate primar­ily in the fin­an­cial sec­tor; and

c.

they form an eco­nom­ic unit or oth­er cir­cum­stances sug­gest that one or more of the com­pan­ies un­der in­di­vidu­al su­per­vi­sion is de jure or de facto ob­liged to provide as­sist­ance to group com­pan­ies.

³ The pro­vi­sions of the Bank­ing Act of 8 Novem­ber 1934¹⁰ ap­ply by ana­logy.