Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.

of 6 November 2019 (Status as of 1 August 2021)


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Art. 14 Public offer of securities on the primary market

(Art. 12 Fin­IA)

1The ques­tion of what con­sti­tutes a pub­lic of­fer is de­term­ined on the basis of Art­icle 3 let­ters g and h of the Fin­an­cial Ser­vices Act of 15 June 201812 (FinSA).

2Of­fers to schemes and per­sons in ac­cord­ance with Art­icle 65 para­graphs 2 and 3 are not deemed pub­lic.

12 SR 950.1

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