Federal Act
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Art. 80
1 A trade repository registered abroad must obtain recognition from FINMA before accepting reports in accordance with Article 104. 2 FINMA shall grant recognition:
3 A trade repository is deemed recognised if FINMA finds that:
4 FINMA may refuse recognition if the state in which the foreign trade repository has its registered office does not grant Swiss trade repositories actual access to its markets or does not offer them the same competitive opportunities as those granted to the trade repositories of the state in question. Any deviating international commitments are reserved. |