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

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.