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FINMA extends protective measures at Sberbank (Switzerland) AG

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The Swiss Financial Market Supervisory Authority FINMA has extended the duration of its measures to protect the creditors of Sberbank (Switzerland) AG until 2 August 2022. On 4 March 2022, FINMA announced that it had taken protective measures at Sberbank (Switzerland) AG. These included a deferral of the bank’s obligations…

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