Federal Act on the Swiss Financial Market Supervisory Authority

¹FINMA may con­fis­cate any profit that a su­per­vised per­son or en­tity or a re­spons­ible per­son in a man­age­ment po­s­i­tion has made through a ser­i­ous vi­ol­a­tion of the su­per­vis­ory pro­vi­sions.

²The fore­go­ing pro­vi­sion ap­plies by ana­logy if a su­per­vised per­son or en­tity or a re­spons­ible per­son in a man­age­ment po­s­i­tion has pre­ven­ted a loss through a ser­i­ous vi­ol­a­tion of su­per­vis­ory pro­vi­sions.

³Where the ex­tent of the as­sets to be con­fis­cated can­not be as­cer­tained or re­quires a dis­pro­por­tion­ate ef­fort to be as­cer­tained, FINMA may make an es­tim­ate.

⁴The right to con­fis­cate pre­scribes after sev­en years.

⁵Crim­in­al law con­fis­ca­tion un­der Art­icles 70–72 of the Crim­in­al Code¹ takes pre­ced­ence over con­fis­ca­tion un­der this pro­vi­sion.

⁶The con­fis­cated as­sets go to the Con­fed­er­a­tion un­less they are paid to the parties suf­fer­ing loss.