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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. 43 Liabilities during the restructuring proceedings

Dur­ing the re­struc­tur­ing pro­ceed­ings, li­ab­il­it­ies in­to which the bank enters with the re­struc­tur­ing agent's con­sent shall, in the event that re­struc­tur­ing fails, be sat­is­fied be­fore all oth­er claims in the en­su­ing bank­ruptcy pro­ceed­ings.