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

¹ A sys­tem­ic­ally im­port­ant fin­an­cial mar­ket in­fra­struc­ture shall draw up a re­cov­ery plan that sets out the meas­ures it will use to en­sure its sta­bil­ity on a sus­tain­able basis in the event of a crisis and be able to main­tain its sys­tem­ic­ally im­port­ant busi­ness pro­cesses.

² FINMA shall draw up a res­ol­u­tion plan that de­scribes how the re­struc­tur­ing or wind­ing-up of a sys­tem­ic­ally im­port­ant fin­an­cial mar­ket in­fra­struc­ture that it has ordered can be car­ried out. It shall con­sult the SNB about the res­ol­u­tion plan.

³ A fin­an­cial mar­ket in­fra­struc­ture shall provide FINMA with the re­cov­ery plan and the in­form­a­tion ne­ces­sary for draw­ing up a res­ol­u­tion plan.

⁴ It shall im­ple­ment the res­ol­u­tion plan meas­ures in a pre­par­at­ory man­ner if this is ne­ces­sary for the un­in­ter­rup­ted main­ten­ance of sys­tem­ic­ally im­port­ant busi­ness pro­cesses.