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Ordinance
on Financial Institutions
(Financial Institutions Ordinance, FinIO)

of 6 November 2019 (Status as of 26 August 2022)

Art. 81 Closure of a branch

(Art. 52 para. 1 and 53 Fin­IA)

The for­eign fin­an­cial in­sti­tu­tion shall ob­tain the ap­prov­al of FINMA be­fore clos­ing a branch.