Federal Council brings amendment to Financial Market Infrastructure Act into force
Bern, 29.11.2023 - The Federal Council has decided to put an amendment to the Financial Market Infrastructure Act (FinMIA) into force with effect from 1 February 2024. In the future, anyone who provides untrue or incomplete information in a prospectus or announcement of a public takeover offer will be liable to a fine. This closes a loophole regarding criminal liability.