IMF Staff Country Reports

Switzerland : Financial Sector Assessment Program: Factual Update: IOSCO Objectives and Principles of Securities Regulation

Author/Editor:

International Monetary Fund

Publication Date:

June 13, 2007

Electronic Access:

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Summary:

This paper presents a factual update of the International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation for Switzerland. Overall, there has been substantial progress in implementing Financial Sector Assessment Program recommendations in various areas of securities regulation. In part, changes have been motivated by the need to adapt securities regulations in Switzerland to international developments. The project to unify financial supervision under the Federal Authority for Market Oversight is expected to strengthen the budgetary independence, staffing, and enforcement powers of the supervisor.

Series:

Country Report No. 07/202

Subject:

Financial Sector Assessment Program Hedge funds Securities regulations Switzerland