| Organisation |
| Organisation |
Order of the Financial Supervisory Commission |
| Issue No. |
| Issue No. |
Financial-Supervisory-Securities-Firms 11403333581
CH
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| Issue Date |
| Issue Date |
2025/03/18 |
| Content |
| Content |
Order of the Financial Supervisory Commission
Issue date: 18 March 2025
Issue no.: Financial-Supervisory-Securities-Firms-11403333581
- In calculating total liabilities under Article 13 of the Regulations Governing Securities Firms (hereinafter, "the Regulations"), the following may be deducted: transitional liabilities in the nature of collections and payments arising from brokerage trading of securities, underwriting of securities, or shareholder services business; liabilities arising from trading of government bonds; and 50 percent of customers' equity in the customer ledgers of the settlement account.
- In calculating total assets under Article 16 of the Regulations, the following shall be deducted: bank deposits in the settlement accounts, and transitional assets in the nature of collections and payments arising from brokerage trading of securities
- In calculating the ratio of total operating property and equipment and total non-operating property under Article 16 of the Regulations, the following may be excluded from the calculation: revaluation surplus and changes in fair value.
- This Order is effective from this day forward. The 22 August 2022 Order No. Financial-Supervisory-Securities-Firms-11103829011 of the Financial Supervisory Commission is repealed from this day forward.
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