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

¹ The su­per­vis­ory or­gan­isa­tion shall fin­ance its su­per­vis­ory in in­di­vidu­al cases and when provid­ing ser­vices from con­tri­bu­tions paid by the su­per­vised per­sons and en­tit­ies.

² The su­per­vis­ory or­gan­isa­tion shall form re­serves with­in a reas­on­able time for the ex­er­cise of its su­per­vis­ory activ­ity in an amount equi­val­ent to one an­nu­al budget.

³ The Confederation may grant the supervisory organisation a loan on market terms in order to guarantee its liquidity until the reserves in accordance with paragraph 2 have been formed in full.