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    advtanmoy
    Keymaster

    The National Bank may provide banking services to the Confederation. These shall be provided for an adequate consideration. However, the services shall be provided free of charge if they facilitate the implementation of monetary policy. The details shall be laid down in agreements concluded between the respective federal offices and the National Bank.

    [See the full post at: Federal Act on the Swiss National Bank-2021 (Swiss Confederation)]

    #118639 Reply
    advtanmoy
    Keymaster
    Art. 6 Independence

    In fulfilling its monetary tasks according to Article 5 paragraphs 1 and 2, the National Bank and the members of the Bank’s bodies shall not be permitted to seek or accept instructions either from the Federal Council or from the Federal Assembly or any other body.

    #118640 Reply
    advtanmoy
    Keymaster

    FURNISHING INFORMATION BY SWISS BANK

    The National Bank shall lay down in an ordinance what data are to be provided and with what frequency; furthermore, it shall lay down the organisation and procedure after having consulted the reporting institutions.

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