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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. 5 Inspection of documents

1Any per­son mak­ing a cred­ible claim that their fin­an­cial in­terests are dir­ectly af­fected by the re­struc­tur­ing or the bank­ruptcy is en­titled to in­spect doc­u­ments re­lat­ing to the re­struc­tur­ing or the bank­ruptcy, al­though pro­fes­sion­al con­fid­en­ti­al­ity in ac­cord­ance with Art­icle 47 BankA and Art­icle 43 SESTA must be ob­served wherever pos­sible.

2The right to in­spect doc­u­ments may be re­stric­ted to spe­cif­ic stages of the pro­ceed­ings, or it may be lim­ited or re­fused where op­pos­ing in­terests take pre­ced­ence.

3Any per­son gran­ted the right to in­spect doc­u­ments may only use the in­form­a­tion re­ceived through in­spect­ing doc­u­ments to pro­tect their own im­me­di­ate fin­an­cial in­terests.

4The right to in­spect doc­u­ments may be made de­pend­ent on a de­clar­a­tion which states the in­form­a­tion in­spec­ted may only be used to pro­tect the in­di­vidu­al's own im­me­di­ate fin­an­cial in­terests. In the event of any fail­ure to com­ply, ref­er­ence may be made in ad­vance to the crim­in­al pen­al­ties un­der Art­icle 48 of the Fin­an­cial Mar­ket Su­per­vi­sion Act of 22 June 20071 and Art­icle 292 of the Swiss Crim­in­al Code2.

5The re­struc­tur­ing agent or bank­ruptcy ad­min­is­trat­or and, fol­low­ing com­ple­tion of the re­struc­tur­ing pro­ceed­ings or bank­ruptcy pro­ceed­ings, FINMA shall de­cide on the right to in­spect doc­u­ments.


1 SR 956.1
2 SR 311.0