Federal Act on the Swiss Financial Market Supervisory Authority

¹In or­der to ful­fil its tasks in ac­cord­ance with Art­icle 6, FINMA may par­ti­cip­ate in mul­ti­lat­er­al ini­ti­at­ives of in­ter­na­tion­al or­gan­isa­tions and bod­ies which give rise to the ex­change of in­form­a­tion.

²In the case of mul­ti­lat­er­al ini­ti­at­ives which have far-reach­ing im­plic­a­tions for the Swiss fin­an­cial centre, par­ti­cip­a­tion in the ex­change of in­form­a­tion shall take place in agree­ment with the FDF.

³When par­ti­cip­at­ing, FINMA may trans­mit non-pub­lic in­form­a­tion to in­ter­na­tion­al or­gan­isa­tions and bod­ies only if:

a.

this in­form­a­tion is used ex­clus­ively to ful­fil tasks as­so­ci­ated with the de­vel­op­ment of and com­pli­ance with reg­u­lat­ory stand­ards or to ana­lyse sys­tem­ic risks;

b.

con­fid­en­ti­al­ity is en­sured.

⁴FINMA shall agree the pre­cise in­ten­ded use and any for­ward­ing of the in­form­a­tion trans­mit­ted with the in­ter­na­tion­al or­gan­isa­tions and bod­ies. Para­graph 3 re­mains re­served.