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. 13 The bankruptcy liquidator’s tasks and powers

The bank­ruptcy li­quid­at­or con­ducts the pro­ceed­ings. In par­tic­u­lar, he or she must:

a.
cre­ate the tech­nic­al and ad­min­is­trat­ive con­di­tions for con­duct­ing the bank­ruptcy;
b.
se­cure and real­ise the bank­ruptcy as­sets;
c.
put in place the ex­ec­ut­ive man­age­ment re­quired for the bank­ruptcy pro­ceed­ings;
d.
rep­res­ent the bank­ruptcy as­sets and oth­er au­thor­it­ies be­fore the courts;
e.
en­sure, in con­junc­tion with the agency of the de­pos­it pro­tec­tion scheme, that the de­pos­its pro­tec­ted un­der Art­icle 37h BankA are iden­ti­fied and paid out.
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