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Swiss Financial Market Supervisory Authority (FINMA) is Switzerland’s independent financial-markets regulator. Its mandate is to supervise banks, insurance companies, exchanges, securities dealers, collective investment schemes, and their asset managers and fund management companies. It also regulates distributors and insurance intermediaries. It is charged with protecting creditors, investors and policyholders. FINMA is responsible for ensuring that Switzerland’s financial markets function effectively.
The Swiss Financial Market Supervisory Authority FINMA is shaking up the crypto industry with a new rule on staking that may apply. It is not yet certain whether enforcement will take place. Industry representatives warn urgently. That’s why a…
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