The Swiss Financial Markets Supervision Authority (FINMA) is a government agency, a Swiss regulator, which is one of the most reliable in the world, since the requirements of the regulator are very strict. Its activities are focused on financial regulation, namely: protection against the creation of corruption schemes for money laundering, supervision of banks, insurance companies, stock exchanges and securities dealers, control over the amount of capital, in various credit institutions, and, if necessary, conducts financial restructuring and bankruptcy procedures.
FINMA is a government agency that reports directly to the Swiss parliament. It is based in Bern and is independent of the central federal administration and the Federal Department of Finance. The regulator has at its disposal various levers of influence on brokers, and therefore any company licensed by FINMA operates under transparent schemes that imply full protection of the interests of investors.
FINMA was founded on June 22, 2007 with the adoption of the Federal Law on the Swiss Financial Market Supervisory Authority (FINMASA) as a result of the merger of the following organizations:
FINMA’s main mission is to maintain the stability of the Swiss banking sector and increase investor confidence in the Swiss financial markets. And having a FINMA license can serve as a high guarantee that you have a reliable brokerage company that you can entrust your money to. Thanks to its high reputation, FINMA is on a par with such reliable regulators as FCA and NFA.