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Published on 28 October 2024

Depositor protection and bank insolvency

The authorisation to conduct business of banks, private bankers and savings banks, as well as regulations governing their business activities, are set out in the Banking Act (BankA). As part of a partial revision of the BankA, revised rules on bank restructuring, a strengthening of deposit insurance and additional provisions on the separate management of intermediated securities came into force in 2023.

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