English translation of article 54c of the Swiss Insurance Supervision Act

Distribution and completion of the proceedings

Chapter 5: Supervision
Section 2: Protective measures, liquidation and bankruptcy
> Art. 54b Creditor meeting and creditor committee

This page contains an English translation of the below Article of the Swiss Insurance Supervision Act (ISA) and is part of a web based Swiss ISA commentary in German language. Should you require qualified written legal advice on the ISA from a Swiss lawyer please do not hesitate to contact: Melissa Gautschi

Article 54c of the Swiss Insurance Supervision Act 

Distribution and completion of the proceedings

1 The distribution plan will not be made available.

2 After the distribution, the bankruptcy liquidators shall present a final report to FINMA.

3 FINMA shall issue the necessary orders for the completion of the proceedings. It shall make the completion public.
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