Difference between revisions of "FINMA"

From CryptoMarketsWiki
Jump to: navigation, search
Line 27: Line 27:
 
=== Cryptocurrency ===
 
=== Cryptocurrency ===
  
(Page under construction)
+
Switzerland is considered to be a crypto-friendly nation for the most part; Johann Schneider-Ammann, the country's economics minister, claims that Switzerland wants "to be the crypto nation."<ref>{{cite web|url=https://www.ft.com/content/52820f90-1307-11e8-940e-08320fc2a277|name=Switzerland sets out guidelines to support initial coin offerings
 +
|org=Financial Times}}</ref>
  
 
== References ==
 
== References ==

Revision as of 11:41, 17 August 2018

Swiss Financial Market Supervisory Authority (FINMA)
Finma.png
Founded 2009
Headquarters Bern, Switzerland
Key People Mark Branson, CEO
Employees 501-1000
Twitter @FINMA_media
LinkedIn Profile
Website FINMA Homepage

The Swiss Financial Market Supervisory Authority (FINMA) is Switzerland's financial markets regulator.[1]

Overview

FINMA was founded in 2009 by three Swiss institutions: the Swiss Federal Banking Commission (SFBC), the Federal Office of Private Insurance (FOPI), and the Anti-Money Laundering Control Authority (AMLCO). The establishment of FINMA was an attempt by Swiss regulators to consolidate the responsibility of supervising the financial markets to a single entity.[2]

FINMA is responsible for monitoring banks, insurance companies, stock exchanges, and other market participants in Switzerland, as well as enforcing Swiss financial markets laws.[3]

Cryptocurrency

Switzerland is considered to be a crypto-friendly nation for the most part; Johann Schneider-Ammann, the country's economics minister, claims that Switzerland wants "to be the crypto nation."[4]

References