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


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Art. 17 International business

A fin­an­cial mar­ket in­fra­struc­ture must no­ti­fy FINMA be­fore:

a.
es­tab­lish­ing, ac­quir­ing or clos­ing a for­eign sub­si­di­ary, branch or rep­res­ent­at­ive of­fice;
b.
ac­quir­ing or sur­ren­der­ing a qual­i­fied par­ti­cip­a­tion in a for­eign com­pany.
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