Ordinance on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading

¹The duty to re­port to a trade re­pos­it­ory un­der Art­icle 104 FMIA must be ful­filled at the latest:

a.

with­in six months of the first au­thor­isa­tion or re­cog­ni­tion of the trade re­pos­it­ory by FINMA: for de­riv­at­ives trans­ac­tions out­stand­ing at this point if the per­son ob­liged to re­port is not a small fin­an­cial coun­ter­party or a cent­ral coun­ter­party;

b.

with­in nine months of the first au­thor­isa­tion or re­cog­ni­tion of the trade re­pos­it­ory by FINMA: for de­riv­at­ives trans­ac­tions out­stand­ing at this point if the per­son ob­liged to re­port is a small fin­an­cial coun­ter­party or a non-fin­an­cial coun­ter­party which is not small;

c.

by 1 Janu­ary 2024: for de­riv­at­ives trans­ac­tions out­stand­ing at this point in all oth­er cases.¹

²The dead­lines set out in para­graph 1 shall be ex­ten­ded by six months in each case for the re­port­ing of de­riv­at­ives trans­ac­tions that are traded via trad­ing ven­ues or via the op­er­at­or of an or­gan­ised trad­ing fa­cil­ity.

³In spe­cial cases, FINMA may ex­tend the time­frames set out in this Art­icle.