Federal Act
on Collective Investment Schemes
(Collective Investment Schemes Act, CISA)

of 23 June 2006 (Status as of 1 January 2023)


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Art. 134 Liquidation 165

Li­censees from which au­thor­isa­tion has been with­drawn or col­lect­ive in­vest­ment schemes from which ap­prov­al has been with­drawn may be li­quid­ated by FINMA. The Fed­er­al Coun­cil reg­u­lates the de­tails.

165 Amended by An­nex No 14 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 2007, in force since 1 Jan. 2009 (AS 2008 52075205; BBl 2006 2829).

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