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FinSO and FinlO in the final stages

The Federal Department of Finance (FDF) will ask the Federal Council to bring the Financial Services Act (FinSA) and the Financial Institutions Act (FinIA) - together with the Federal Council's implementing ordinances - into force on 1 January 2020. Transitional periods of two years are anticipated in principle.

In order to give the sector greater planning certainty, the FDF is already communicating the key points on which the ordinances are to be amended after consultation.