Drucken
Artikel, Notizen und Markierungen werden geladen... Bitte um etwas Geduld.

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

Art. 67 Collateral

(Art. 82 Fin­MIA)

1 The pay­ment sys­tem shall use ap­pro­pri­ate meas­ures to cov­er risks arising from the grant­ing of cred­it.

2 It shall ac­cept only li­quid col­lat­er­al with low cred­it and mar­ket risks. It shall value the col­lat­er­al prudently.

3 It shall avoid con­cen­tra­tion risks in the col­lat­er­al and shall en­sure that it can have prompt ac­cess to the col­lat­er­al.

4 It shall make pro­vi­sion for pro­ced­ures by means of which it can re­view the mod­els and para­met­ers on which its risk man­age­ment is based, and shall con­duct these re­views on a reg­u­lar basis.

5 If it holds its own as­sets or the col­lat­er­al and as­sets of par­ti­cipants with third parties, it shall min­im­ise the as­so­ci­ated risks. In par­tic­u­lar, it shall hold the col­lat­er­al and as­sets with cred­it­worthy fin­an­cial in­ter­me­di­ar­ies which, in­so­far as pos­sible, are sub­ject to su­per­vi­sion.