Federal Council launches consultation on Federal Financial Services Act and Financial Institutions Act
Bern, 27.6.2014 - The Federal Council has initiated the consultation on the Federal Financial Services Act (FFSA) and on the Financial Institutions Act (FinIA). The FFSA governs the prerequisites for providing financial services and offering financial instruments. The FinIA makes provision for a differentiated supervisory regime for financial institutions. The consultation will run until 17 October 2014.