The new Financial Market Infrastructure Act (FMIA) not only applies to the classic financial industry but to all companies registered in Switzerland. It regulates trading with traditional OCT derivatives such as forward foreign exchange transactions, currency options, interest rate swaps or commodity futures.
If your company does not trade with derivatives, we recommend that the board of directors decides, that a process documentation regarding trading with derivatives has been waived. Please find herewith the respective template:
In the event that your company deals with derivatives but does not reach the corresponding thresholds, you find herewith the respective template: