National Bank Ordinance (NBO)
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 41 Transitional provisions
1 For financial market infrastructures which are subject to FINMA authorisation and supervision, the special requirements in accordance with Articles 21a–34 and the obligations in accordance with Article 36 shall apply only after the licence granted in accordance with Article 25 FinMIA has entered into force. Until such time, the relevant requirements and obligations as laid out in the existing legislation shall apply. 2 For financial market infrastructures which are not subject to FINMA authorisation and supervision, the special requirements in accordance with Articles 22–34 and the obligations in accordance with Article 36 shall apply as soon as the amended National Bank Ordinance of 26 November 2015 enters into force.
Art. 41 — Amended by No I of the SNB O of 26 Nov. 2015, in force since 1 Jan. 2016 (AS 2015 5307). Para. 1 — SR 958.1
Art. 42 Commencement
This Ordinance comes into force on 1 May 2004.