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. 55 Netting agreements

1Net­ting agree­ments un­der Art­icle 27 para­graph 1 BankA in­clude the fol­low­ing in par­tic­u­lar:

a.
net­ting pro­vi­sions in bi­lat­er­al agree­ments or in frame­work agree­ments;
b.
off­set­ting and net­ting pro­vi­sions as well as de­fault agree­ments of cent­ral coun­ter­parties, cent­ral cus­todi­ans or pay­ment sys­tems un­der Art­icle 89 para­graph 1 Fin­MIA1.

1 SR 958.1

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