Federal Act on the Swiss Financial Market Supervisory Authority

¹FINMA levies fees for su­per­vis­ory pro­ceed­ings in in­di­vidu­al cases and for ser­vices. In ad­di­tion, it levies an an­nu­al su­per­vi­sion charge on the su­per­vised per­sons and en­tit­ies for each su­per­vi­sion area to cov­er the costs in­curred by FINMA that are not covered by the fees.

²The su­per­vi­sion charge is as­sessed ac­cord­ing to the fol­low­ing cri­ter­ia:

a.¹

...

a^bis.²

For su­per­vised per­sons and en­tit­ies un­der Art­icle 1a of the Bank­ing Act of 8 Novem­ber 1934³, Art­icle 2 para­graph 1 let­ter e of the Fin­an­cial In­sti­tu­tions Act of 15 June 2018⁴ and the Mort­gage Bond Act of 25 June 1930⁵, on the basis of the bal­ance sheet total and se­cur­it­ies turnover; for su­per­vised per­sons and en­tit­ies un­der Art­icle 2 para­graph 1 let­ters c and d of the Fin­an­cial In­sti­tu­tions Act on the basis of the amount of as­sets man­aged, the gross earn­ings and the size of the un­der­tak­ing; for su­per­vised per­sons and en­tit­ies un­der Art­icle 1b of the Bank­ing Act, on the basis of the bal­ance sheet total and the gross earn­ings.

a^ter.⁶

For su­per­vised per­sons and en­tit­ies un­der the Fin­an­cial Mar­ket In­fra­struc­ture Act of 19 June 2015⁷, on the basis of the bal­ance sheet total and se­cur­it­ies turnover, or gross earn­ings if no se­cur­it­ies are trans­acted.

b.

For su­per­vised per­sons and en­tit­ies un­der the Col­lect­ive In­vest­ment Schemes Act of 23 June 2006⁸, on the basis of the amount of as­sets man­aged, the gross earn­ings and the size of the un­der­tak­ing.

c.

For in­sur­ance in­sti­tu­tions un­der the In­sur­ance Su­per­vi­sion Act of 17 Decem­ber 2004⁹, on the basis of their share of the total premi­um in­come for all in­sur­ance in­sti­tu­tions; for in­sur­ance agents un­der Art­icle 43 para­graph 1 of the In­sur­ance Su­per­vi­sion Act of 17 Decem­ber 2004, on the basis of their num­ber and the size of the un­der­tak­ing.

d.¹⁰

For self-reg­u­lat­ory or­gan­isa­tions un­der the Anti-Money Laun­der­ing Act of 10 Oc­to­ber 1997¹¹ (AMLA), on the basis of the gross earn­ings and num­ber of mem­bers;

e.¹²

For a su­per­vis­ory or­gan­isa­tion in ac­cord­ance with Title 3, the share ac­coun­ted for by its su­per­vised per­sons and en­tit­ies with re­gard to the total num­ber of su­per­vised per­sons and en­tit­ies of all su­per­vis­ory or­gan­isa­tions is de­cis­ive; the su­per­vi­sion fee also cov­ers the costs that FINMA in­curs that are caused by su­per­vised per­sons and en­tit­ies and which are not covered by oth­er charges.

³The Fed­er­al Coun­cil may provide for the ap­por­tion­ment of the su­per­vi­sion fee in­to a fixed ba­sic fee and a vari­able sup­ple­ment­ary fee.

⁴It reg­u­lates the de­tails, and in par­tic­u­lar:

a.

the as­sess­ment prin­ciples;

b.

the su­per­vi­sion areas un­der para­graph 1; and

c.

the ap­por­tion­ment of the costs to be fin­anced by the su­per­vi­sion charge among the su­per­vi­sion areas.