In FINMA Guidance 01/2018 "Implementation of the requirement for amending financial contracts (Art. 12 para. 2bis BO in conjunction with Arts. 56 and 61a BIO-FINMA)", FINMA clarifies its supervisory practice regarding the implementation of the stay regulation. The Guidance states that, for a limited period, banks may forego putting a trade stop in place vis-à-vis counterparties whose consent cannot be obtained in due time. It also sets out FINMA's expectations of the financial services industry in this context.
