Art. 79

(Art. 52 para. 1 and 53 FinIA)

1. Branches may draw up their annual and interim accounts in accordance with the provisions which apply to the foreign financial institution, provided they satisfy international standards of accounting.
2. Claims and liabilities must be stated separately:
   1. in respect of the foreign financial institution;
   2. in respect of companies active in the financial sector or real estate firms if:
   1. the foreign financial institution forms an economic unit with them, or 2. it is to be assumed that the foreign financial institution is de jure or de facto obliged to provide assistance to group companies.
3. Paragraph 2 also applies to off-balance-sheet business.
4. A branch shall send its annual and interim accounts:
   1. to the supervisory organisation for submission to FINMA in the case of Article 52 paragraph 1 letter a FinIA;
   2. to FINMA in the case of Article 52 paragraph 1 letters b–e FinIA.
5. Publication is not required.