Enforcement: licence holders

FINMA monitors licence holder compliance with financial market laws on an ongoing basis. It follows up any information it receives about violations of supervisory law and takes the measures needed to restore compliance. Where necessary, FINMA initiates enforcement proceedings.

Monitoring licence holders (banks and securities dealers, insurers, fund management companies, asset managers under the Collective Investment Schemes Act and directly subordinated financial intermediaries (DSFIs) under the Anti-Money Laundering Act) and their compliance with financial market laws is an integral part of FINMA’s supervisory activities. Where violations of the law or irregularities are identified, FINMA takes corrective measures, which may involve enforcement proceedings. The purpose of these proceedings is to establish the facts of the case and thus impose the measures needed to restore licence holder compliance, and that of their owners and staff, with the law.