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


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Art. 61 Definitions

1 A cent­ral se­cur­it­ies de­pos­it­ory is the op­er­at­or of a cent­ral cus­todi­an or a se­cur­it­ies set­tle­ment sys­tem.

2 A cent­ral cus­todi­an is an en­tity for the cent­ral cus­tody of se­cur­it­ies and oth­er fin­an­cial in­stru­ments based on uni­form rules and pro­ced­ures.

3 A se­cur­it­ies set­tle­ment sys­tem is an en­tity for the clear­ing and set­tle­ment of trans­ac­tions in se­cur­it­ies and oth­er fin­an­cial in­stru­ments based on uni­form rules and pro­ced­ures.

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