FINMA authorises and recognises trade repositories
FINMA Guidance 02/2017 "Financial Market Infrastructures Act: reporting requirements / trade repositories" of 3 April 2017 provides information about the authorisation of a Swiss trade repository and the recognition of a foreign trade repository. Their recognition and authorisation means that Swiss market participants will now be subject to a phased-in entry into force of derivatives transactions reporting requirements by notifying a trade repository.
