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Amendment to the FINMA Ordinance on Data Processing

Legal Counsel
February 15, 2019 | News

Amendment to the FINMA Ordinance on Data Processing

The minor amendments to the FINMA Ordinance on Data Processing introduced by Swiss Financial Market Supervisory Authority FINMA enter in force on 15 February 2019. The new categories permissible in the data collection to monitor proper business conduct are added to the list. Those, who have submitted a written admission of misconduct to an authority or have made a voluntary declaration, may be entered in the data collection to monitor proper business conduct .

Source: https://www.finma.ch/en/news/2019/02/20190215-datenverordnung/


Legal disclaimer. This article does not constitute legal advice and does not establish an attorney-client relationship. The article should be used for informational purposes only.
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