Commentaries: Art. 15

If a financial market infrastructure is part of a financial group, FINMA may make its authorisation contingent upon the existence of appropriate consolidated supervision by a financial market supervisory authority.
Two or more companies are deemed to be a financial group pursuant to this Act if:
1. at least one of them operates as a financial market infrastructure;
2. they operate primarily in the financial sector; and
3. they form an economic unit or other circumstances suggest that one or more of the companies under individual supervision isde jure orde facto obliged to provide assistance to group companies.
The provisions of the Banking Act of 8 November 1934¹apply by analogy.

Art. 15