FinfraG - Hearing to the FMI Ordinance has started

Today, the Federal Department of Finance (FDF) initiated the hearing on the Financial Market Infrastructure Ordinance. The ordinance contains the Federal Council's implementing provisions for the Financial Market Infrastructure Act (FMIA). The hearing will continue until 2 October 2015.

The ordinance will come into force on January 1, 2016, reporting will quite likely not start before Q3 / 2016.

More information can be found here.

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