(Unofficial translation) The Federal Council is mandated to submit a report in which it will evaluate the implementation and effects of financial market surveillance structures over the past five years. In particular, it will take into account the provisions of FinIA and FinSA (which entered into force on 1 January 2020) concerning independent asset managers, as well as the supervision of insurance companies, insurance intermediaries, and other financial intermediaries. The report will examine the effectiveness, proportionality, transparency, and financial implications of existing supervision models and will present any measures to be taken.