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.


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Art. 50 Reduction in claims

In ad­di­tion to or in­stead of con­vert­ing debt cap­it­al in­to equity cap­it­al, FINMA may or­der a par­tial or full re­duc­tion in claims. Art­icle 48 let­ters a-c and Art­icle 49 ap­ply equally.

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