Switzerland: Financial Sector Stability Assessment

Publication Date: May 28, 2014
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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(s): Financial system stability assessment | Financial sector | Banks | Stress testing | Bank supervision | Bank resolution | Insurance | Securities regulations | Financial risk | Risk management | Switzerland

Publication Date: May 28, 2014
ISBN/ISSN: 9781498340809/1934-7685 Format: Paper
Stock No: 1CHEEA2014002 Pages: 52
US$18.00 (Academic Rate:
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