The Swiss National Bank (SNB) has expressed its support for the Federal Council’s planned amendments to strengthen ‘too big to fail’ regulations. These changes are set to be implemented at both legislative and ordinance levels, focusing on capital and liquidity requirements for systemically important banks. The measures also include provisions for early intervention, as well as recovery and resolution planning.
According to the SNB, these planned measures are crucial for enhancing the resilience of banks and their ability to be resolved in a crisis. This, in turn, is expected to contribute significantly to the stability of the financial system.
Further details regarding these measures can be accessed on the SNB website.
Information from this article can be found here.
