FINMA welcomes the Federal Council’s consultation drafts on the legislative package to strengthen the “too big to fail” framework
What the FINMA said
The Swiss Financial Market Supervisory Authority FINMA supports the consultation drafts presented by the Federal Council for the implementation, within the Banking Act and the Liquidity Ordinance, of the measures set out in the Federal Council’s “too big to fail” report and the PInC report on the CS crisis. These are…
Extract from FINMA . Read the full notice at the source for the authoritative text.
Context
Swiss Financial Market Supervisory Authority (FINMA) — Switzerland's financial market supervisor. We track 123 updates from them.
Swiss financial services are regulated by FINMA. Browse all Switzerland updates.
This update is classified under Prudential / Capital Requirements, Senior Managers / Governance, Operational Resilience / Outsourcing and Banking & Credit.