Federal Act
on the Swiss Financial Market Supervisory Authority
(Financial Market Supervision Act, FINMASA)

¹ FINMA in­forms the gen­er­al pub­lic at least once each year about its su­per­vis­ory activ­ity and su­per­vis­ory prac­tices.

² It does not provide in­form­a­tion on in­di­vidu­al pro­ceed­ings, un­less there is a par­tic­u­lar need to do so from a su­per­vis­ory point of view and in par­tic­u­lar if the in­form­a­tion is ne­ces­sary:

a.

for the pro­tec­tion of mar­ket par­ti­cipants or the su­per­vised per­sons and en­tit­ies;

b.

to cor­rect false or mis­lead­ing in­form­a­tion; or

c.

to safe­guard the repu­ta­tion of Switzer­land’s fin­an­cial centre.

³ Where FINMA has provided in­form­a­tion on in­di­vidu­al pro­ceed­ings, it must also provide im­me­di­ate no­tice of the clos­ure of the pro­ceed­ings. This may be dis­pensed with at the re­quest of the party con­cerned.

⁴ FINMA takes ac­count of the per­son­al­ity rights of those con­cerned in all its in­form­a­tion activ­it­ies. Per­son­al data may be pub­lished in elec­tron­ic or prin­ted form.