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)


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Art. 72 Voluntary authorisation return

(Art. 86 Fin­MIA)

1 Sys­tem­ic­ally im­port­ant fin­an­cial mar­ket in­fra­struc­tures shall draw up a plan as to how their sys­tem­ic­ally im­port­ant busi­ness pro­cesses are to be ter­min­ated in an or­derly way in the event of a vol­un­tary ces­sa­tion of busi­ness. The or­derly wind-down plan shall take in­to ac­count the peri­od of time re­quired for the par­ti­cipants to sign up to an al­tern­at­ive fin­an­cial mar­ket in­fra­struc­ture. It must be ap­proved by the body re­spons­ible for gov­ernance, su­per­vi­sion and con­trol.

2 Para­graph 1 also ap­plies if the ces­sa­tion of a sys­tem­ic­ally im­port­ant busi­ness pro­cess does not lead to the re­turn of the au­thor­isa­tion.

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