What is Swiss 10 20 bank rules?


What is Swiss 10 20 bank rules? The Swiss obligor has in aggregate more than 20 creditors who are not Qualifying Banks under all of its outstanding debts (this is the 20 Non-Bank Rule). Certain exceptions for intra-group creditors apply. The 10 Non-Bank Rule and the 20 Non-Bank Rule are, collectively, referred to as the Swiss 10/20 Non-Bank Rules.


What is the average salary in Switzerland?

Swiss people earn USD 64 824 per year on average, much more than the OECD average of USD 49 165 and one of the highest in the OECD. Another essential factor of employment quality is job security, in terms of expected loss of earnings when someone becomes unemployed.