Federal Act on the Swiss Financial Market Supervisory Authority

English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.


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Art. 19 Liability

1The li­ab­il­ity of FINMA, its man­age­ment bod­ies, its staff and FINMA agents is gov­erned by the Gov­ern­ment Li­ab­il­ity Act of 14 March 19581, sub­ject to para­graph 2 be­low.2

2FINMA and its agents are li­able only if:

a.
they have com­mit­ted a breach of fun­da­ment­al du­ties; and
b.
loss or dam­age is not due to a breach of duty by a su­per­vised per­son or en­tity.

1 SR 170.32
2 Amended by An­nex No 8 of the FA of 20 June 2014 (Con­sol­id­a­tion of Over­sight through Audit Com­pan­ies), in force since 1. Jan. 2015 (AS 2014 4073; BBl 2013 6857).

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