Art. 56 Capital adequacy
(Art. 66 FinMIA) 1 The central securities depository must hold total capital in the amount 8.0% (minimum capital requirement) to underpin credit risks, non-counterparty-related risks, market risks and operational risks in accordance with Article 42 CAO20. FINMA may demand additional capital in accordance with Article 45 CAO. Titles 1 to 3 CAO apply to the calculation.21 2 For all other matters, Article 48 paragraphs 3 to 6 apply by analogy. 20 SR 952.03 21 Amended by Attachment No 2 to the Ordinance of 11 May 2016, in force since 1 July 2016 (AS 2016 1725). |