OBS_VALUE: The Financial Supervisory Authority acts independently. But it is required to discuss its strategy at least once a year with the Swiss Bundesrat (Federal Council). The supervisory authority is supervised by the Swiss Nationalrat and Ständerat (the two chambers of the Swiss parliament). Even if the decisions of the supervisory authority can only be appealed in an administrative court, the government is entitled to remove members of the Board of Directors if the requirements are no longer fulfilled. It is however more an invasive oversight by and accountability to the legislative branch than a possibility to overrule the decisions made by the authority. 