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

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.

of 25 November 2015 (Status as of 1 August 2021)
Art. 25 Approval of regulations

(Art. 27 para. 4 Fin­MIA)

1 When ap­prov­ing reg­u­la­tions, FINMA shall re­view in par­tic­u­lar wheth­er these:

en­sure trans­par­ency and the equal treat­ment of in­vestors; and
b.
en­sure the prop­er func­tion­ing of the se­cur­it­ies mar­kets.

2 FINMA may con­sult the Com­pet­i­tion Com­mis­sion be­fore mak­ing its de­cision. The lat­ter shall give its opin­ion on wheth­er the reg­u­la­tions are neut­ral in terms of com­pet­i­tion and are con­du­cive to anti-com­pet­it­ive ar­range­ments or not.

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