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

(Art. 4 and 5 Fin­MIA)

¹ The fin­an­cial mar­ket in­fra­struc­ture shall sub­mit an au­thor­isa­tion ap­plic­a­tion to the Swiss Fin­an­cial Mar­ket Su­per­vis­ory Au­thor­ity (FINMA). This shall con­tain all the in­form­a­tion ne­ces­sary for as­sess­ing it, spe­cific­ally in­form­a­tion on:

a.

the busi­ness area (Art. 6);

b.

the place of man­age­ment (Art. 7);

c.

cor­por­ate gov­ernance (Art. 8);

d.

risk man­age­ment (Art. 9);

e.

guar­an­tee of ir­re­proach­able busi­ness con­duct (Art. 10);

f.

min­im­um cap­it­al (Art. 13);

g.

cap­it­al ad­equacy and risk di­ver­si­fic­a­tion (Art. 48, 49, 56, 57 and 69);

h.

the audit firm (Art. 71).

² The fin­an­cial mar­ket in­fra­struc­ture shall at­tach along with its au­thor­isa­tion ap­plic­a­tion the ne­ces­sary doc­u­ment­a­tion, namely its art­icles of as­so­ci­ation or part­ner­ship agree­ments and reg­u­la­tions.