Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

(Art. 51 Fin­IA)

¹The se­cur­it­ies firm shall re­port all trans­ac­tions it ex­ecutes in­volving se­cur­it­ies ad­mit­ted to trad­ing on a trad­ing ven­ue or DLT trad­ing fa­cil­ity. In par­tic­u­lar, the fol­low­ing must be re­por­ted:

a.

the des­ig­na­tion and num­ber of the se­cur­it­ies pur­chased or sold;

b.

the volume, date and time of the trans­ac­tion;

c.

the price;

d.

the de­tails ne­ces­sary to identi­fy the be­ne­fi­cial own­er.

²The re­port­ing duty also ap­plies to trans­ac­tions in de­riv­at­ives whose un­der­ly­ing in­stru­ments are se­cur­it­ies ad­mit­ted to trad­ing on a trad­ing ven­ue or DLT trad­ing fa­cil­ity.

³It ap­plies not only to trans­ac­tions for own ac­count, but also to trans­ac­tions ex­ecuted on be­half of cli­ents.

⁴The fol­low­ing trans­ac­tions ex­ecuted abroad do not have to be re­por­ted:

a.

trans­ac­tions in se­cur­it­ies ad­mit­ted to trad­ing on a trad­ing ven­ue or DLT trad­ing fa­cil­ity in Switzer­land and in de­riv­at­ives with such se­cur­it­ies as their un­der­ly­ing in­stru­ments, provided the in­form­a­tion in ques­tion is com­mu­nic­ated to the trad­ing ven­ue or DLT trad­ing fa­cil­ity on the basis of an agree­ment in ac­cord­ance with Art­icle 32 para­graph 3 FMIA³⁴ or with­in the frame­work of an ex­change of in­form­a­tion between FINMA and the com­pet­ent for­eign su­per­vis­ory au­thor­ity if:

1.

said trans­ac­tions are ex­ecuted by the branch of a Swiss se­cur­it­ies firm or by a for­eign ad­mit­ted par­ti­cipant, and

2.

the branch or the for­eign par­ti­cipant is au­thor­ised to trade by the rel­ev­ant for­eign su­per­vis­ory au­thor­ity and is re­quired to re­port in the cor­res­pond­ing state or in its state of dom­i­cile;

b.

trans­ac­tions in for­eign se­cur­it­ies ad­mit­ted to trad­ing on a trad­ing ven­ue or DLT trad­ing fa­cil­ity in Switzer­land and in de­riv­at­ives with such se­cur­it­ies as their un­der­ly­ing in­stru­ments, which trans­ac­tions are ex­ecuted on a re­cog­nised for­eign trad­ing ven­ue or DLT trad­ing fa­cil­ity.

⁵Third parties may be in­volved in re­port­ing.