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

(Art. 73d Fin­MIA)

1 The DLT trad­ing fa­cil­ity shall reg­u­late in the reg­u­la­tions in ac­cord­ance with Art­icle 73d of the Fin­MIA which DLT se­cur­it­ies and oth­er as­sets will be ad­mit­ted to its ser­vices. It may spe­cify the ad­mit­ted DLT se­cur­it­ies and as­sets in­di­vidu­ally in the reg­u­la­tions or define them ac­cord­ing to their type and func­tion.

2 If the DLT trad­ing fa­cil­ity ad­mits de­riv­at­ives de­signed as DLT se­cur­it­ies, only products without fair value or lever­age com­pon­ents may be ad­mit­ted to trad­ing.

3 DLT se­cur­it­ies and oth­er as­sets which sig­ni­fic­antly hinder the im­ple­ment­a­tion of the pro­vi­sions of the Anti-Money Laun­der­ing Act of 10 Oc­to­ber 1997²⁴, or which could ad­versely af­fect the sta­bil­ity and in­teg­rity of the fin­an­cial sys­tem may not be ad­mit­ted. FINMA can define these DLT se­cur­it­ies and as­sets in more de­tail.

4 The DLT trad­ing fa­cil­ity shall make pro­vi­sion in the reg­u­la­tions for re­vok­ing the ad­mis­sion of DLT se­cur­it­ies and oth­er as­sets.

5 The re­quire­ments un­der Art­icle 34 ap­ply by ana­logy.