Ordinance
on Financial Market Infrastructures and Market Conduct in Securities and Derivatives Trading
(Financial Market Infrastructure Ordinance, FinMIO)

(Art. 116 Fin­MIA)

¹ Fin­an­cial and non-fin­an­cial coun­ter­parties shall reg­u­late, in writ­ing or in an­oth­er form that that al­lows for proof by text, the pro­cesses with which they en­sure ful­fil­ment of the du­ties with re­spect to:⁴⁵

a.

clear­ing via a cent­ral coun­ter­party (Art. 97 Fin­MIA);

b.

de­term­in­ing thresholds (Art. 100 Fin­MIA);

c.

re­port­ing to a trade re­pos­it­ory (Art. 104 Fin­MIA);

d.

risk mit­ig­a­tion (Art. 107 Fin­MIA);

e.

trad­ing via trad­ing ven­ues and or­gan­ised trad­ing fa­cil­it­ies (Art. 112 Fin­MIA).

² Non-fin­an­cial coun­ter­parties which do not want to trade in de­riv­at­ives may set out this res­ol­u­tion in writ­ing or in an­oth­er form that that al­lows for proof by text, in which case they are ex­empt from the duty set out in para­graph 1.⁴⁶

³ Fin­an­cial coun­ter­parties ap­poin­ted by oth­er fin­an­cial or non-fin­an­cial coun­ter­parties to im­ple­ment their du­ties shall reg­u­late the cor­res­pond­ing pro­cesses in ac­cord­ance with para­graph 1 by ana­logy.