FSB recommends further strengthening of the framework for global systemically important banks in Switzerland

Peer review finds that Swiss authorities have made important strides toward implementing an effective too-big-to fail (TBTF) regime for global systemically important banks (G-SIBs). Review concludes that additional steps can be taken to further strengthen the TBTF framework, especially given the merger of the two Swiss G-SIBs, and recommends increasing…