This mysterious regulatory filter granted to Credit Suisse

Published on December 21, 2024 at 08:21. / Modified on December 21, 2024 at 08:39.

2 mins. reading

Everything is not clarified despite the publication of the report of the Parliamentary Inquiry Commission (CEP) on the Credit Suisse debacle this Friday. The conditions under which the Federal Financial Market Supervisory Authority (Finma) allowed the former number two bank to have less capital than required by law remain a mystery for the moment. Also for parliamentarians who have spent nearly two years looking into the role of public authorities in the fall of the former flagship of the Swiss financial center.

Read also: Fall of Credit Suisse: Finma's regulation was not effective enough, according to the CEP

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