Switzerland: Federal Council opened consultation on amendment to Financial Institutions Act, including licensing for payment instrument institutions
Description
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…
Scope
Policy Area
Authorisation, registration and licensing
Policy Instrument
Operational license requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government