Switzerland: Federal Council closes consultation on amendment to Financial Institutions Act, including licensing for payment instrument institutions
Description
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…
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