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

Art. 29 Exceptions to pre-trade and post-trade transparency

(Art. 29 para. 3 lit. b Fin­MIA)

1 Se­cur­it­ies trans­ac­tions are not sub­ject to the pro­vi­sions on pre-trade and post-trade trans­par­ency if they are car­ried out as part of pub­lic tasks and not for in­vest­ment pur­poses, namely on the part of:

a.
the Con­fed­er­a­tion, can­tons or com­munes;
b.
the SNB;
c.
the Bank for In­ter­na­tion­al Set­tle­ments (BIS);
d.
mul­ti­lat­er­al de­vel­op­ment banks in ac­cord­ance with Art­icle 63 para­graph 2 let­ter c of the Cap­it­al Ad­equacy Or­din­ance of 1 June 201212 (CAO).

2 Se­cur­it­ies trans­ac­tions car­ried out by the fol­low­ing parties may be ex­cluded from the pro­vi­sions on pre-trade and post-trade trans­par­ency as long as the trans­ac­tions are car­ried out as part of pub­lic tasks and not for in­vest­ment pur­poses, and as long as re­cip­roc­al rights are gran­ted and an ex­cep­tion does not stand in con­tra­dic­tion to the le­gis­lat­ive pur­pose:

a.
for­eign cent­ral banks;
b.
the European Cent­ral Bank (ECB);
c.
of­fi­cial bod­ies or state de­part­ments that are re­spons­ible for or in­volved in ad­min­is­ter­ing the na­tion­al debt;
d.
the European Fin­an­cial Sta­bil­ity Fa­cil­ity (EF­SF);
e.
the European Sta­bil­ity Mech­an­ism (ESM).

3 The Fed­er­al De­part­ment of Fin­ance (FDF) shall pub­lish a list of the bod­ies covered by para­graph 2.

4 The trad­ing ven­ue is to be in­formed in cases where trans­ac­tions are car­ried out as part of pub­lic tasks and not for in­vest­ment pur­poses.

Diese Seite ist durch reCAPTCHA geschützt und die Google Datenschutzrichtlinie und Nutzungsbedingungen gelten.

Feedback
Laden