Financial Regulation and Supervision in Switzerland – Looking Ahead
22 May 2024 | Bern, Switzerland | By Invitation
Monetary, Roundtables | Tags: Financial Governance, Financial Stability, Financial Supervision
The events that shook the Swiss financial sector last year are a stark reminder of the potential vulnerabilities our financial systems face. Next to traditional sources of risks like business and credit cycles, financial institutions are also, and increasingly, exposed to emerging risks associated with, inter alia, the digital revolution and climate change.
In this context, prudential regulation and supervision are central to ensuring the resilience and strength of the financial sector. However, effective prudential regulation and supervision cannot be taken for granted: they require constant adaptation and evolution to reflect lessons from experience and to adjust for new sources of risks. This is also the case in Switzerland.
Against this background, the Council on Economic Policies (CEP) organized a roundtable with policymakers, academics, and further stakeholders to discuss the purpose and objectives of financial regulation and supervision in Switzerland, highlight the role of the country’s different institutions in developing and implementing a common long-term strategy, and to assess the options and instruments to pursue it.
If you want to engage on this topic or find out more about it, we would be glad to hear from you at [email protected].