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

¹ The cent­ral se­cur­it­ies de­pos­it­ory shall en­able the set­tle­ment of pay­ments in con­nec­tion with se­cur­it­ies held in cus­tody or re­cor­ded with it by trans­fer­ring sight de­pos­its held with a cent­ral bank.

² If this is im­possible or im­prac­tic­al, it shall use a means of pay­ment which car­ries no or only low cred­it and li­quid­ity risks. It shall min­im­ise these risks and mon­it­or them on an on­go­ing basis.