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

¹The bank­ruptcy li­quid­at­or shall de­cide wheth­er, to what ex­tent and with what rank claims are re­cog­nised and shall draw up the sched­ule of claims.

²If the bank­ruptcy as­sets in­clude land, he or she shall draw up a sched­ule of the en­cum­brances on that land such as rights of li­en, ease­ments, land charges and pri­or­ity no­tices. This sched­ule shall form part of the sched­ule of claims.

³The bank­ruptcy li­quid­at­or may with FINMA’s con­sent draw up a sep­ar­ate sched­ule of claims for claims se­cured by a re­gistered pledge if sys­tem­ic risks can only be re­stric­ted by do­ing so.