In a press release the Swiss National Bank explains that it grants access to … [fintechs] that make a significant contribution to the fulfilment of the SNB’s statutory tasks, and whose admission does not pose any major risks. Entities with fintech licences whose business model makes them significant participants in the area of Swiss franc payment transactions will therefore be granted access to the SIC system and to sight deposit accounts. The Swiss Financial Market Supervisory Authority is in charge of granting fintech licences.
Topics:
Dirk Niepelt considers the following as important: Fintech, Notes, Swiss Financial Market Supervisory Authority, Swiss Interbank Clearing, Swiss National Bank
This could be interesting, too:
investrends.ch writes Ethereum Gründer erhalten Swiss Blockchain Award
investrends.ch writes Crypto Finance verkauft Asset Management
Marc Chandler writes China’s Politburo Validates and Extends Pivot while the US Dollar Sees Yesterday’s Gains Pared
Dirk Niepelt writes “Governments are bigger than ever. They are also more useless”
In a press release the Swiss National Bank explains that it
grants access to … [fintechs] that make a significant contribution to the fulfilment
of the SNB’s statutory tasks, and whose admission does not pose any major risks. Entities with fintech licences whose business model makes them significant participants in the area of Swiss franc payment transactions will therefore be granted access to the SIC system and to sight deposit accounts.
The Swiss Financial Market Supervisory Authority is in charge of granting fintech licences.