Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

(Art. 15 Fin­IA)

¹The no­ti­fic­a­tion which a fin­an­cial in­sti­tu­tion is re­quired to sub­mit to FINMA be­fore en­ga­ging in activ­it­ies abroad must con­tain all the in­form­a­tion and doc­u­ments needed to as­sess such activ­it­ies, spe­cific­ally:

a.

a busi­ness plan de­scrib­ing in par­tic­u­lar the nature of the planned trans­ac­tions and the or­gan­isa­tion­al struc­ture;

b.

the name and ad­dress of the of­fice abroad;

c.

the names of the per­sons re­spons­ible for ad­min­is­tra­tion and man­age­ment;

d.

the audit­ing firm;

e.

the name and ad­dress of the su­per­vis­ory au­thor­ity in the for­eign state in which the re­gistered of­fice or dom­i­cile is loc­ated.

²Fur­ther­more, the fin­an­cial in­sti­tu­tion shall no­ti­fy FINMA of:

a.

the dis­con­tinu­ation of busi­ness activ­it­ies abroad;

b.

any ma­ter­i­al change in busi­ness activ­it­ies abroad;

c.

a change in audit firm;

d.

a change in the su­per­vis­ory au­thor­ity in the for­eign state in which the re­gistered of­fice or dom­i­cile is loc­ated.