Vlada Gurvich50 min listen
GRIP2 min read
Carmen Cracknell, Jean Hurley<1 min read
The records must include all details that are required for FINMA to oversee and supervise their activity.
A violation of the recordkeeping obligations can lead to a fine that is capped at CHF 500,000. (FMIA Article 150)
The US and Swiss decisions raise international considerations for investor protection, regulatory power in bank rescues, cross-border jurisdiction, and the hierarchy of claims in bank resolution cases.
Gregory Walsh | Spencer West6 min read
Stricter post-Credit Suisse oversight sets nation on different path to US in particular.
The Financial Times3 min read
The country has a strong history of stable and secure traditional banking; now, it wants to take that reputation into new tech and decentralized finance.
Hameed Shuja2 min read
Our in-brief roundup of notable stories from the last week.
GRIP2 min read
Watchdog did not have proper basis for decision to write down SFr16.5bn of AT1 debt as part of rescue deal, judges find.
The Financial Times2 min read
Clients could lose rights to be heard and appeal when a foreign authority requests international admin assistance on possible violation of market abuse provisions.
Dr Vaïk Müller | CMS7 min read
Our in-brief roundup of notable stories from the last week.
GRIP2 min read
Our in-brief roundup of notable stories from the last week.
GRIP2 min read