Art. 4 Authorisation application
(Art. 8 para. 2 FMIA) 1The financial market infrastructure must describe its area of business in factually and geographically precise terms in the articles of association, partnership agreements or regulations. 2The business area and its geographical extent must be in harmony with the financial market infrastructure's financial capabilities and administrative organisation. 2It may only report any changes in its articles of association to the commercial register and put any changes in regulations into effect following FINMA's approval of the changes in question. |