Ordinance
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Art. 43 Collateral
(Art. 28 para. 2 and 3 FinIA) 1FINMA may permit partnerships to provide, instead of minimum capital, collateral in the form of a bank guarantee or a cash deposit in a blocked account with a bank, said collateral being equivalent to the minimum capital in accordance with Article 42. 2Where there are legitimate grounds for so doing, FINMA may stipulate a different minimum amount. |