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ARTICLE · 02 JUNE 1995

Federal Law - Stock Exchanges/Trading In Securities - 6. Supervisory Authority

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SwitzerlandAntitrust/Competition Law
6: Supervisory Authority

Art. 34 Organisation

The supervisory authority is the Federal Banking Commission ("Supervisory Authority"). It is organised according to the prescriptions of Art. 23 of the Federal Law on Banks and Savings Banks.

Art. 35 Tasks

1 The Supervisory Authority issues the supervisory orders necessary to enforce the law and its implementing provisions and supervises compliance with the prescriptions of the law and its rules.

2 Persons and companies who are subject to supervision by the Supervisory Authority, must provide it with all information and documents it demands to fulfil its tasks. In addition, the following are subject to this requirement:

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