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    | Ordinance of the Swiss Financial Market Supervisory Authority on the Insolvency of Banks and Securities DealersEnglish is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force.1The bankruptcy liquidator shall assess claims on the part of the bankruptcy assets that are already the subject of proceedings under civil and administrative law at the time the bankruptcy proceedings are opened and submit a request to FINMA for the continuation of these proceedings. 2If FINMA rejects a request for continuation, the bankruptcy liquidator shall give the creditors the opportunity to demand assignment of their right to continue proceedings within the meaning of Article 260 paragraphs 1 and 2 DEBA1 and set a reasonable deadline for this purpose. |