2022 Credit Suisse collapse revealed Swiss regulatory framework weaknesses, requiring improvements in capital, liquidity, intervention, and resolution planning.
Swiss National Bank (SNB) admits 2022 Credit Suisse collapse exposed regulatory framework weaknesses. SNB's annual financial stability report aligns with the Swiss Federal Council's view on needing action in areas such as capital requirements, liquidity requirements, early intervention, and recovery and resolution planning. Improvements are needed to ensure Swiss banking sector stability and robustness.
June 20, 2024
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