## Switzerland: Financial System Stability Assessment

_IMF Staff Country Reports, September 16, 2025_

## Source details

**Canonical URL:** [Switzerland: Financial System Stability Assessment](https://www.imf.org/en/publications/cr/issues/2025/09/16/switzerland-financial-system-stability-assessment-570432)

## Other formats

- [Markdown version](/en/publications/cr/issues/2025/09/16/switzerland-financial-system-stability-assessment-570432/index.md)
- [Structured JSON version](/en/publications/cr/issues/2025/09/16/switzerland-financial-system-stability-assessment-570432/index.json)
- [Bundle manifest](/en/publications/cr/issues/2025/09/16/switzerland-financial-system-stability-assessment-570432/bundle-manifest.json)

## Bibliographic details
- Published: September 16, 2025
- Series: IMF Staff Country Reports
- DOI: https://doi.org/10.5089/9798229026727.002

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### Overview and Context
- The Swiss financial system is described as "large, sophisticated, and of global importance, especially through its asset and wealth management services."
- Since the last FSAP, the system "faced significant challenges," most notably during the collapse of Credit Suisse (CS), its second largest Global Systemically Important Bank (G-SIB).
- "Financial stability was preserved through exceptional government measures," which "attracted intense public scrutiny and highlighted salient gaps in supervision and crisis management frameworks."
- Authorities are "rightly seizing the momentum to push for bold reforms, most of which will require parliamentary approval."

### Major Themes and Findings
- Systemic importance: Emphasis on asset and wealth management services as channels of global significance.
- Crisis event: Collapse of Credit Suisse identified as the principal shock since the prior FSAP.
- Policy gap: Shortcomings in supervision and crisis management frameworks were exposed by the CS collapse.
- Political and institutional response: Authorities are pursuing bold reforms, contingent on parliamentary approval.

### Subjects and Keywords (as listed)
- Subjects:
  - Anti-money laundering and combating the financing of terrorism (AML/CFT)
  - Crime
  - Financial regulation and supervision
  - Financial sector policy and analysis
  - Financial sector stability
  - Stress testing
  - Systemic risk
- Keywords:
  - Anti-money laundering and combating the financing of terrorism (AML/CFT)
  - bank liquidity
  - bank solvency stress test result
  - C. bank stress testing
  - climate risk analysis
  - Financial sector stability
  - FSAP finding
  - Global
  - liquidity shock
  - Stress testing
  - Systemic risk
  - work of the Financial Sector Assessment Program

### Access and Formats Noted on Page
- The page indicates availability of a PDF ("Download PDF") and "More Formats on IMF eLibrary."
- Citation preview provided in Chicago format: International Monetary Fund. Monetary and Capital Markets Department "Switzerland: Financial System Stability Assessment", IMF Staff Country Reports 2025, 266 (2025), accessed 8/27/2026, https://doi.org/10.5089/9798229026727.002

*Source: Switzerland: Financial System Stability Assessment (IMF Staff Country Report 2025/266).*

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## Content in this bundle

- **Switzerland: Financial System Stability Assessment; IMF Country Report No. 25/266; August 26, 2025**
  - [Switzerland: Financial System Stability Assessment; IMF Country Report No. 25/266; August 26, 2025 (Markdown version)](/-/media/files/publications/cr/2025/english/1cheea2025003-source-pdf.pdf.md){rel="alternate" type="text/markdown"}
  - [Switzerland: Financial System Stability Assessment; IMF Country Report No. 25/266; August 26, 2025 (PDF)](/-/media/files/publications/cr/2025/english/1cheea2025003-source-pdf.pdf){rel="external" type="application/pdf"}

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_Source: https://www.imf.org/en/publications/cr/issues/2025/09/16/switzerland-financial-system-stability-assessment-570432_