Federal Act
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Art. 41 Recognition of foreign trading venues for granting access to Swiss participants 33
1 Trading venues domiciled abroad must obtain recognition from FINMA before granting Swiss participants supervised by FINMA direct access to their facilities. 2 FINMA shall grant recognition:
3 A foreign trading venue is deemed recognised if FINMA finds that:
4 FINMA may refuse recognition if the state in which the foreign trading venue has its registered office does not grant Swiss trading venues actual access to its markets or does not offer them the same competitive opportunities as those granted to domestic trading venues. Any deviating international commitments are reserved. 33 Amended by No I of the FA of 17 March 2023 (Recognition of Foreign Trading Venues for the Trading of Equity Securities of Companies with Registered Office in Switzerland), in force from 1 Jan. 2024 to 31 Dec. 2028 (AS 2023 731; BBl 2022 1673). |