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


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Art. 152 Breach of the duty to make an offer

A fine not ex­ceed­ing CHF 10 mil­lion shall be im­posed on any per­son who wil­fully fails to com­ply with a leg­ally bind­ing duty to make an of­fer (Art. 135).

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