Commentaries: Art. 130

The duty to report to a trade repository under Article 104 FinMIA must be fulfilled at the latest:
1. within six months of the first authorisation or recognition of the trade repository by FINMA: for derivatives transactions outstanding at this point if the person obliged to report is not a small financial counterparty or a central counterparty;
2. within nine months of the first authorisation or recognition of the trade repository by FINMA: for derivatives transactions outstanding at this point if the person obliged to report is a small financial counterparty or a non-financial counterparty which is not small;
3. ¹ by 1 January 2028: for derivatives transactions outstanding at this point in all other cases.²
The deadlines set out in paragraph 1 shall be extended by six months in each case for the reporting of derivatives transactions that are traded via trading venues or via the operator of an organised trading facility.
In special cases, FINMA may extend the timeframes set out in this Article.

Amended by No I of the O of 30 Sept. 2022, in force since 1 Jan. 2023 (AS 2022 576). ↩
Amended by No I of the O of 14 Sept. 2018, in force since 1 Jan. 2019 (AS 2018 3377). ↩

Art. 130