3 Use of the fines 1 The fines received shall be used for research projects relating to Switzerland as a financial centre (theory and practice of the financial market and of financial market law, promotion of investor know-how, improvement of investor protection, etc.), institutions or foundations active in the area of research or education, i.e. one or more of such support funds relating to Switzerland as a financial centre (e.g. grant funds of the ETH or universities and colleges), colloquia, conferences, further education events, publication, etc. relating to Switzerland as a financial centre. 2 The money may also be used for institutions which are committed to areas where SIX Exchange Regulation holds a supervisory and enforcement mandate and whose activities are related to Switzerland. 3 The funds may also be transferred to one or more charitable organisations (ICRC, Unicef, Médecins sans Frontières, Terre des Hommes, Amnesty International, Schweizer Berghilfe, etc.). As an exception, local charitable organisations or projects may also be supported.
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