Switzerland: Federal Council opened consultation on amendment to Financial Institutions Act, including user identification requirement
Description
Federal Council opened consultation on amendment to Financial Institutions Act, including user identification requirement
On 22 October 2025, the Federal Council opened a consultation on the amendment to the Financial Institutions Act, including user identification requirement, until 6 February 2026. The amendment applies to payment institutions issuing stablecoins and…
Scope
Policy Area
Consumer protection
Policy Instrument
User identification requirement
Regulated Economic Activity
digital payment provider (incl. cryptocurrencies)
Implementation Level
national
Government Branch
executive
Government Body
central government