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Ordinance of the Swiss Financial Market Supervisory Authority on the Insolvency of Banks and Securities Dealers
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.
Art. 13The bankruptcy liquidator's tasks and powers
The bankruptcy liquidator conducts the proceedings. In particular, he or she must:
a.
create the technical and administrative conditions for conducting the bankruptcy;
b.
secure and realise the bankruptcy assets;
c.
put in place the executive management required for the bankruptcy proceedings;
d.
represent the bankruptcy assets and other authorities before the courts;
e.
ensure, in conjunction with the agency of the deposit protection scheme, that the deposits protected under Article 37h BankA are identified and paid out.