Federal Act
on Financial Institutions
(Financial Institutions Act, FinIA)

¹ The fin­an­cial in­sti­tu­tion must es­tab­lish ap­pro­pri­ate cor­por­ate man­age­ment rules and be or­gan­ised in such a way that it can ful­fil its stat­utory du­ties.

² It shall identi­fy, meas­ure, con­trol and mon­it­or its risks, in­clud­ing leg­al and repu­ta­tion­al risks, and or­gan­ise ef­fect­ive in­tern­al con­trols.

³ The Fed­er­al Coun­cil shall set the min­im­um or­gan­isa­tion­al re­quire­ments to be sat­is­fied by fin­an­cial in­sti­tu­tions, tak­ing in­to ac­count their dif­fer­ent busi­ness activ­it­ies and sizes as well as the risks.