Switzerland: Licensing for payment instrument institutions in amendment to Financial Institutions Act
Progress
Current status
in consultation
06 Feb 2026 processing consultation
22 Oct 2025 in consultation
Scope
Implementers
Switzerland
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Government Branch
executive
Government Body
central government
Implementation Level
national
Timeline of events
Federal Council closes consultation on amendment to Financial Institutions Act, including licensing for payment instrument institutions
On 6 February 2026, the Federal Council closes the consultation on the amendment to the Financial Institutions Act, including licensing for payment instrument institutions. The amendment to the new payment instrument institution licence replaces the…
SourceEvent type
law
Action type
consultation closed
Government branch
executive
Government body
central government
Federal Council opened consultation on amendment to Financial Institutions Act, including licensing for payment instrument institutions
On 22 October 2025, the Federal Council opened a consultation on the amendment to the Financial Institutions Act, including licensing for payment instrument institutions, until 6 February 2026. The amendment to the new payment instrument institution…
SourceEvent type
law
Action type
consultation opened
Government branch
executive
Government body
central government