Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

(Art. 8 para. 2 Fin­IA)

Changes of ma­ter­i­al sig­ni­fic­ance for fin­an­cial in­sti­tu­tions in ac­cord­ance with Art­icle 8 para­graph 2 Fin­IA are in par­tic­u­lar:

a.

changes in or­gan­isa­tion­al and part­ner­ship doc­u­ments;

b.

changes in the per­sons re­spons­ible for ad­min­is­tra­tion and man­age­ment;

c.

changes in min­im­um cap­it­al and cap­it­al ad­equacy, in par­tic­u­lar fall­ing short of min­im­um re­quire­ments;

d.

facts which are likely to call in­to ques­tion the good repu­ta­tion or the guar­an­tee of ir­re­proach­able busi­ness con­duct on the part of the fin­an­cial in­sti­tu­tion or of the per­sons en­trus­ted with man­age­ment tasks as well as of own­ers of a qual­i­fied par­ti­cip­a­tion, spe­cific­ally the ini­ti­ation of crim­in­al pro­ceed­ings;

e.

facts which call in­to ques­tion prudent and sound busi­ness activ­ity on the part of the fin­an­cial in­sti­tu­tion ow­ing to the in­flu­ence of own­ers of a qual­i­fied par­ti­cip­a­tion.