FinSA Art. 47 -

Einleitung zur Rechtsnorm FinSA:

Art. 47 FinSA from 2024

Art. 47 Relaxation of Requirements

¹ The Federal Council may grant a relaxation of the duty to publish a prospectus and supplements to issuers that have not exceeded two of the following volumes in the preceding financial year:

a. balance sheet total of CHF 20 million;

b. turnover of CHF 40 million;

c. 250 FTEs on average for the year.

² It may also grant a relaxation of the requirements particularly to:

a. issuers with low market capitalisation on a trading venue;

b. issues of subscription rights;

c. issuers that regularly offer securities publicly or whose securities are admitted to trading on a foreign trading venue whose regulation, supervision and transparency are acknowledged as being appropriate by a domestic trading venue.

³ It shall grant a relaxation of the requirements uniformly and, in particular, with respect to:

a. the type of securities issued;

b. the issue volume;

c. the market environment;

d. the investors'" specific requirements for transparent information;

e. the business activities and the size of the issuers.

Es besteht kein Anspruch auf Aktualität und Vollständigkeit/Richtigkeit.