Enforcement - definition

"Enforcement" is the generic term used to describe all the functions performed by FINMA, when confronted with indications of violations of supervisory provisions, in order to establish, in accordance with the rules laid down in the Swiss Federal Administrative Procedure Act, whether such violations have actually occurred. If such a breach has occurred, FINMA will make a ruling regarding any enforcement measures that may be required in order to restore compliance with the law. Such decisions may be appealed.