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


Open article in different language:  DE
Art. 50 Fulfilment of payment obligations

1 The cent­ral coun­ter­party and its par­ti­cipants shall ful­fil their mu­tu­al pay­ment ob­lig­a­tions by trans­fer­ring sight de­pos­its held with a cent­ral bank.

2 If this is im­possible or im­prac­tic­al, they shall use a means of pay­ment which car­ries low cred­it and li­quid­ity risks. The cent­ral coun­ter­party shall min­im­ise these risks and mon­it­or them on an on­go­ing basis.

Previous article Show article in the law Next article

Diese Seite ist durch reCAPTCHA geschützt und die Google Datenschutzrichtlinie und Nutzungsbedingungen gelten.

Feedback
Gesetzeskürzel Name
DE FR IT EN
DE FR IT EN
Laden