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

(Art. 8, 13 and 14 FMIA)

¹The cent­ral coun­ter­party must ap­point a risk com­mit­tee that in­cludes rep­res­ent­at­ives of the par­ti­cipants, of the in­dir­ect par­ti­cipants and mem­bers of the body for gov­ernance, su­per­vi­sion and con­trol. This com­mit­tee shall ad­vise the cent­ral coun­ter­party on all mat­ters that could have an im­pact on the risk man­age­ment of the cent­ral coun­ter­party.

²The cent­ral coun­ter­party shall ar­range pro­ced­ures, ca­pa­city plan­ning and suf­fi­cient ca­pa­city re­serves so that, in the event of a dis­rup­tion, its sys­tems can still pro­cess all trans­ac­tions still open by the close of trad­ing.