Federal Council initiates consultation on ordinances to Financial Services Act and Financial Institutions Act
Bern, 24.10.2018 - During its meeting on 24 October 2018, the Federal Council initiated the consultation on the three ordinances containing the implementing provisions for the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA). The consultation procedure will last until 6 February 2019. The two laws are to enter into force together with their ordinances on 1 January 2020.