FINMA has a broad range of enforcement tools to uphold supervisory law. When applying these tools, it is bound to observe constitutional principles and the rules governing administrative activity.
Enforcement tools are those measures employed by FINMA to enforce supervisory law. The various financial market laws define which instruments FINMA can use to enforce supervisory law in each area, while the Administrative Procedure Act (APA) sets out the relevant procedure.
FINMA must take account of the aims of financial market law (protecting creditors and investors, fair competition and the stability of the financial system) and the general principles of constitutional and administrative law when deciding which measures to take and how to apply them in each particular case.