Ordinance of the Swiss Financial Market Supervisory Authority on the Insolvency of Banks and Securities Dealers

¹FINMA shall in­form the bank of the bank­ruptcy or­der and give pub­lic no­tice of it to­geth­er with no­tice to cred­it­ors.

²Pub­lic no­tice shall be giv­en of the fol­low­ing de­tails in par­tic­u­lar:

a.

the bank’s name as well as its re­gistered of­fice and branches;

b.

the date and time of the open­ing of bank­ruptcy pro­ceed­ings;

c.

the bank­ruptcy ven­ue;

d.

the name and ad­dress of the bank­ruptcy li­quid­at­or;

e.

a no­tice to cred­it­ors and per­sons who have claims to as­sets held with the bank in­struct­ing them to re­gister their claims, to­geth­er with proof of the same, with the bank­ruptcy li­quid­at­or with­in a spe­cif­ic dead­line;

f.

a ref­er­ence to claims that qual­i­fy as re­gistered un­der Art­icle 26;

g.

a ref­er­ence to the sur­render and re­port­ing ob­lig­a­tions un­der Art­icles 17–19.

³The bank­ruptcy li­quid­at­or may provide known cred­it­ors with a copy of the no­tice.