Non-EU Regulators
Swiss Financial Market Supervisory Authority (FINMA)
Switzerland financial-markets supervisor — runs the DLT Act framework for tokenised securities and crypto.
Definition
FINMA is the Swiss financial regulator. Switzerland's crypto-asset framework operates outside MiCA via the 2021 DLT Act, the AMLA SRO regime for AML supervision, and the proposed crypto-institution licence (expected 2026-2027). Strong reputational signal but no EU passport.