Art. 24

1. Any person who wilfully:
   1. fails to provide the National Bank with the information or the evidence required under Chapter 3 of this Act, or fails to comply with formal requirements, or provides incomplete or inaccurate information or evidence;
   2. prevents a review ordered or carried out by the National Bank;

shall be liable to a fine not exceeding 200,000 Swiss francs.¹ 2. If the offending party acts through negligence, the penalty shall be a fine not exceeding 100,000 Swiss francs. 3. The Department shall prosecute and adjudicate such offences in accordance with the provisions of the Federal Act of 22 March 1974²on Administrative Criminal Law. 3bis. The ascertainment of the criminally liable persons may be dispensed with and instead the business operation may be ordered to pay the fine (Art. 7 of the Administrative Criminal Law Act of 22 March 1974) where: a. the ascertainment of the persons who are criminally liable under Article 6 of the Administrative Criminal Law Act of 22 March 1974 requires investigative measures that are disproportionate in comparison with the penalty incurred; and b. a fine of a maximum of CHF 50,000 is under consideration for the violations of the criminal provisions of this Act or the financial market acts in accordance with Article 1 of Financial Market Supervision Act of 22 June 2007³.⁴ 4. The right to prosecute offences is subject to a seven-year prescriptive period.⁵