NEWS

10/12
CATEGORIA 1

FINMA - PUBLISHED THE RISK MONITOR FOR 2019

FOR THE FIRST TIME EVER, FINMA HAS PUBLISHED A REPORT ON CURRENT FINANCIAL RISKS.


FINMA,  the Swiss Financial Market Supervisory Authority has published today for the first time ever a report highlighting the main risks in the Swiss financial environment.

The Report, which is available in English here, highlights in a few pages the current risks that FINMA's supervised entities should be aware of. In particular, these are:

  • Money Laundering;
  • Cyberattacks;
  • Persistency of a low interest-rate environment;
  • Possible correction on the real estate and mortgage market;
  • Disorderly abolition of LIBOR benchmark interest rates;
  • increased market barriers to cross-border market access, particularly in the EU.

FINMA's aim with the Report is to create a transparent operative framework for all its supervised entities. FINMA envisions a timeframe of about 3 years for the above mentioned risks.  

Switzerland continues its efforts to pursue a stable, transparent and performing financial ecosystem, for all the industry operators, confirming FINMA as a far-sighted Authority attentive to the needs of the financial environment.

We highly suggest taking a few minutes to read the Report in order to be up to date with the Authorities and their current vision on the financial markets. 

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Fiduciaria Boverat SA - Filippo T. Bianchi