Dec 10, 2021 13:49
2 yrs ago
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English term

Swiss 20 Non-Bank Rule

English to Russian Other Accounting
Контекст:
“Swiss 20 Non-Bank Rule” means the rule that the aggregate number of creditors (including the Lenders), other than Swiss Qualifying Banks, of the Borrower under all outstanding debts relevant for classification as debenture (Kassenobligation) (within the meaning of the applicable Swiss Guidelines and Swiss Tax laws), such as (intragroup) loans (if and to the extent intragroup loans are not exempt in accordance with article 14(a) of the Swiss Federal Ordinance on withholding tax), facilities and/or private placements (including under the Finance Document) must not at any time exceed twenty, all in accordance with the meaning of the applicable Swiss Guidelines.

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Proposed translations

+1
1 hr
Selected

Швейцарское правило 20 небанковских кредитных организаций

Peer comment(s):

agree Oleg Lozinskiy : Или "небанковских кредиторов" -> https://www.lawinsider.com/dictionary/swiss-twenty-non-bank-...
3 hrs
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