CapLaw-2012-31

  • New Ordinance of FINMA on the Insolvency of Banks: A Critical Assessment

    Based on articles 28 (2) and 34 (3) of the Banking Act, as amended (BA), the Swiss Financial Market Supervisory Authority (FINMA) has opened on 16 January 2012 a consultation, which has come to an end on 2 March 2012, on the complete revision of the FINMA Bank Bankruptcy Ordinance (BBO-FINMA). More precisely, the BBO-FINMA…

    By

    François Rayroux

    /

    Christelle Conti

    Reference:
    Read more: New Ordinance of FINMA on the Insolvency of Banks: A Critical Assessment