Switzerland : Financial Sector Stability Assessment

Author/Editor:

International Monetary Fund. Monetary and Capital Markets Department

Publication Date:

May 28, 2014

Electronic Access:

Free Full text (PDF file size is 976 KB).Use the free Adobe Acrobat Reader to view this PDF file

Summary:

This paper discusses key findings of the Financial System Stability Assessment on Switzerland. Stress tests indicate that the Swiss banks are robust against even severe shocks. Banks have increased their capital, and the two global banks have achieved substantial deleveraging. Swiss Financial Market Supervisory Authority has focused on significantly improving the quality of its supervision. Real estate bubbles appear to be emerging. With monetary instruments not available, macroprudential instruments are being introduced, but so far are limited and untested. Interest rates are negative at some maturities, threatening the business models of life insurance and pension companies.

Series:

Country Report No. 14/143

Subject:

English

Publication Date:

May 28, 2014

ISBN/ISSN:

9781498340809/1934-7685

Stock No:

1CHEEA2014002

Price:

$18.00 (Academic Rate:$18.00)

Format:

Paper

Pages:

52

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