Outgoing requests made by FINMA
Swiss cooperation provisions allow FINMA to request foreign financial market supervisory authorities for assistance by passing on information in their possession to FINMA. This helps FINMA to accelerate the implementation of financial market law.
Under Article 42 Abs. 1 FINMASA, FINMA may ask foreign financial market supervisory authorities to provide information about unauthorised financial intermediaries and the supervision of markets and institutions (requests for assistance). This generally involves investigations relating to stock exchange regulations on market conduct. In 2022, FINMA made 25 requests for assistance, with 11 involving licence holders, eight related to unauthorised activity and six to market supervision.
