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. 7 Insolvency venue

1The in­solv­ency ven­ue is the loc­a­tion of the re­gistered of­fice of the bank or the Swiss branch of a for­eign bank.

2If a bank has more than one re­gistered of­fice or a for­eign bank has more than one Swiss branch, there will only be one in­solv­ency ven­ue. This ven­ue shall be de­term­ined by FINMA.

3In the case of in­di­vidu­als, the in­solv­ency ven­ue is the per­son’s busi­ness dom­i­cile at the time the bank­ruptcy pro­ceed­ings or re­struc­tur­ing pro­ceed­ings are opened.

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