{
 "@context": "https://schema.org",
 "@type": "Claim",
 "@id": "https://wulfkaal.github.io/claims/2061166-025",
 "identifier": "kaal:claim:2061166-025",
 "text": "Article 13 of the Swiss Banking Act, which authorizes boards of systemically important banks to issue mandatory convertible bonds subject to disclosure of the conversion triggering event and permits tranches with multiple triggers, could serve as a model for other European legislators and for the United States legislator.",
 "author": {
  "@type": "Person",
  "name": "Wulf A. Kaal",
  "identifier": "https://orcid.org/0009-0008-7840-1847"
 },
 "citation": "Christoph K. Henkel, Wulf A. Kaal, Contingent Capital in European Union Bank Restructuring (2012). SSRN: https://ssrn.com/abstract=2061166",
 "isBasedOn": {
  "@type": "ScholarlyArticle",
  "name": "Contingent Capital in European Union Bank Restructuring",
  "datePublished": "2012",
  "url": "https://ssrn.com/abstract=2061166",
  "sha256": "43625ea260d0fc045e86d3435df50c9d0ca4abf8542e6085a6165be6653b4a7b",
  "encoding": "https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Henkel%20and%20Kaal%20-%202012%20-%20Contingent%20Capital%20in%20European%20Union%20Bank%20Restructuring.pdf"
 },
 "keywords": [
  "contingent-capital",
  "disclosure"
 ],
 "about": [
  "swiss-law",
  "contingent-capital",
  "convertible-capital",
  "legislative-model",
  "trigger-disclosure"
 ],
 "abstract": "The Swiss approach in Article 13 could perhaps become a model for other European legislators and perhaps even the U.S. legislator.",
 "additionalProperty": [
  {
   "@type": "PropertyValue",
   "name": "claim_type",
   "value": "design"
  },
  {
   "@type": "PropertyValue",
   "name": "confidence",
   "value": "argued"
  },
  {
   "@type": "PropertyValue",
   "name": "scope_conditions",
   "value": [
    "systemically important banks",
    "issuance within the scope of the articles of incorporation with disclosed trigger events"
   ]
  },
  {
   "@type": "PropertyValue",
   "name": "is_failure_mode",
   "value": false
  },
  {
   "@type": "PropertyValue",
   "name": "attestations",
   "value": "https://wulfkaal.github.io/colloquium/attestations/a8fb27649334013e75b7af5876caecfc08d026c06d8ae38bf1a55597ad7e38e0.json"
  },
  {
   "@type": "PropertyValue",
   "name": "edges",
   "value": []
  }
 ],
 "isPartOf": {
  "@id": "https://wulfkaal.github.io/claims/index.json"
 },
 "dateModified": "2026-07-27",
 "version": "1.0",
 "sha256": "a8fb27649334013e75b7af5876caecfc08d026c06d8ae38bf1a55597ad7e38e0",
 "canonicalForm": "https://wulfkaal.github.io/claims/2061166-025.md"
}