Switzerland: Financial System Stability Assessment Update

Author: International Monetary Fund. Monetary and Capital Markets Department

Volume/Issue: Volume 2007 Issue 187

Publication date: June 2007

ISBN: 9781451807325

$20.00

Add to Cart by clicking price of the language and format you'd like to purchase

Available Languages and Formats

	Paperback	PDF	ePub	Mobi
English

Prices in red indicate formats that are not yet available but are forthcoming.

Topics covered in this book

This title contains information about the following subjects. Click on a subject if you would like to see other titles with the same subjects.

Banks and Banking , Finance , Public Finance , ISCR , CR , bank , hedge fund , market , SFBC , Switzerland , large bank , banking sector , credit derivative , bank assets , cantonal bank , Hedge funds , Insurance companies , Commercial banks , Stress testing , Pension spending , Global

Also of interest

Malawi

Peru

Summary

This technical note presents an update to the Financial System Stability Assessment (FSSA) on Switzerland. It reveals that current domestic macroeconomic and financial sector conditions are favorable, and the main downside risks to the financial sector are external. Stress tests confirm the banking system’s resiliency but that some insurers are vulnerable to market risks. Several pension funds are underfunded and need to strengthen their funding levels. Impressive progress has been made to strengthen the financial sector supervisory framework since the 2001 Financial Sector Assessment Program.