rechtundgesetz.ch
Supporter

Art. 19 – Principle

Monitor changes

Choose explicitly whether this legal target should be monitored personally or in the shared team workspace.

Open Monitoring Center

Select a dossier

Choose the personal dossier for this item.

Private tags

This assignment is visible only to you.

Create private tag

Art. 19

Principle

1

In order to protect the stability of the financial system, the National Bank shall oversee systemically important central counterparties, central securities depositories, payment systems and DLT trading facilities in accordance with Article 22 (systemically important financial market infrastructures) of the Financial Market Infrastructure Act of 19 June 201517 (FinMIA).18

2

The oversight shall also extend to systemically important financial market infrastructures domiciled abroad if these:

a.

have substantial parts of their operation or leading participants in Switzerland; or

b.

clear or settle significant transaction volumes in Swiss francs.

  1. 17 SR 958.1
  2. 18 Amended by No I 5 of the FA of 25 Sept. 2020 on the Adaptation of Federal Law to Developments in Distributed Ledger Technology, in force since 1 Aug. 2021 (AS 2021 33, 399; BBl 2020 233).
Legal act context
SR 951.11 · NBA · Federal act · Federal Act of 3 October 2003 on the Swiss National Bank (National Bank Act, NBA)
Structure path
Chapter 3 Monetary Policy Powers Section 3 Oversight of Systemically Important Financial Market Infrastructures
Language
English (en)
Data status
2023-09-01

Available language versions

Deutschde Françaisfr Italianoit Englishen

The official sources and versions published by the competent authorities remain authoritative.

Enactment navigation

Loading the complete structure

The requested content is already available. Articles, annexes and all other structure nodes are now being added.

The official sources and versions published by the competent authorities remain authoritative.

rechtundgesetz.ch provides orientation and search in publicly accessible legal information, but no legal advice.