{
  "title": "Switzerland: Financial Sector Assessment Program: Factual Update: Basel Core Principles for Effective Banking Supervision",
  "publication": "IMF Staff Country Reports, June 13, 2007",
  "sourceUrl": "https://www.imf.org/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048",
  "canonical": "https://www.imf.org/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048",
  "overlayPath": "/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048/index.md",
  "summary": "This technical note presents a factual update of the 2001 assessment of Switzerland’s compliance with the 1997 Basel Core Principles for Effective Banking Supervision (BCP), including a follow-up on implementation of the 2001 BCP assessment, undertaken in the context of the original Financial Sector Assessment Program in 2001. The note discusses that the Swiss Federal Banking Commission (SFBC) has made impressive progress both organizationally and to its supervisory practices to strengthen Switzerland’s banking supervisory framework. The SFBC has also significantly improved its outreach to foreign supervisors and its collaboration with external auditors and the industry.",
  "publishDate": "2007-06-13",
  "series": "IMF Staff Country Reports",
  "sections": [
    {
      "heading": "Overview",
      "content": "- Presents a factual update of the 2001 assessment of Switzerland’s compliance with the 1997 Basel Core Principles for Effective Banking Supervision (BCP).\n- Includes a follow-up on implementation of the 2001 BCP assessment undertaken in the context of the original Financial Sector Assessment Program in 2001.\n- Publication date: June 13, 2007."
    },
    {
      "heading": "Major findings",
      "content": "- The Swiss Federal Banking Commission (SFBC) has made impressive progress both organizationally and to its supervisory practices to strengthen Switzerland’s banking supervisory framework.\n- The SFBC has significantly improved its outreach to foreign supervisors.\n- The SFBC has significantly improved its collaboration with external auditors and the industry."
    },
    {
      "heading": "Subject areas and keywords",
      "content": "- Subject: Auditing; Banking; Basel Core Principles; Basel II; External audit; Financial regulation and supervision; Financial Sector Assessment Program; Financial sector policy and analysis; Public financial management (PFM).\n- Keywords: Auditing; auditor; authority; bank; Basel Core Principles; Basel II; budgetary independence; CR; External audit; Financial Sector Assessment Program; ISCR; licensing regime; risk profile; SFBC Banking ordinance; SFBC circular; SFBC meeting frequency; SFBC staff.\n\n---\n\n Content in this bundle\n\n- cr07198 — Section 1 and Section 2\n  - cr07198 — Section 1 and Section 2 (Markdown version){rel=\"alternate\" type=\"text/markdown\"}\n  - cr07198 — Section 1 and Section 2 (PDF){rel=\"external\" type=\"application/pdf\"}\n\n---\n\nSource: https://www.imf.org/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048"
    }
  ],
  "bullets": [
    "[Markdown version](/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048/index.md)",
    "[Structured JSON version](/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048/index.json)",
    "[Bundle manifest](/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048/bundle-manifest.json)",
    "Published: June 13, 2007",
    "Series: IMF Staff Country Reports",
    "DOI: https://doi.org/10.5089/9781451807332.002",
    "Presents a factual update of the 2001 assessment of Switzerland’s compliance with the 1997 Basel Core Principles for Effective Banking Supervision (BCP).",
    "Includes a follow-up on implementation of the 2001 BCP assessment undertaken in the context of the original Financial Sector Assessment Program in 2001.",
    "Publication date: June 13, 2007.",
    "The Swiss Federal Banking Commission (SFBC) has made impressive progress both organizationally and to its supervisory practices to strengthen Switzerland’s banking supervisory framework.",
    "The SFBC has significantly improved its outreach to foreign supervisors.",
    "The SFBC has significantly improved its collaboration with external auditors and the industry.",
    "Subject: Auditing; Banking; Basel Core Principles; Basel II; External audit; Financial regulation and supervision; Financial Sector Assessment Program; Financial sector policy and analysis; Public financial management (PFM).",
    "Keywords: Auditing; auditor; authority; bank; Basel Core Principles; Basel II; budgetary independence; CR; External audit; Financial Sector Assessment Program; ISCR; licensing regime; risk profile; SFBC Banking ordinance; SFBC circular; SFBC meeting frequency; SFBC staff.",
    "**_cr07198 — Section 1 and Section 2**"
  ],
  "related": [
    {
      "title": "_cr07198 — Section 1 and Section 2",
      "role": "document",
      "sourceUrl": "https://www.imf.org/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07198.pdf",
      "summary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07198.pdf.md",
        "mime": "text/markdown"
      },
      "binary": {
        "path": "/-/media/websites/imf/imported-full-text-pdf/external/pubs/ft/scr/2007/_cr07198.pdf",
        "mime": "application/pdf"
      }
    }
  ],
  "alternates": {
    "markdown": "/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048/index.md",
    "json": "/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048/index.json",
    "bundleManifest": "/en/publications/cr/issues/2016/12/31/switzerland-financial-sector-assessment-program-factual-update-basel-core-principles-for-21048/bundle-manifest.json"
  },
  "generatedAtUtc": "2026-09-23T00:20:23.092Z"
}