The Swiss National Bank endorsed the Federal Council’s proposed banking regulation measures to address weaknesses exposed by the Credit Suisse crisis. The central bank highlighted draft requirements for systemically important and medium-sized banks to prepare sufficient collateral that can be transferred to the SNB when accessing central bank liquidity support. The SNB also urged as many banks as possible to prepare for participation in the Extended Liquidity Facility, which will be available from the beginning of 2027. It further backed measures covering recovery planning and resolvability for systemically important banks, the Swiss Financial Market Supervisory Authority’s early intervention powers and cooperation among authorities in preventing and managing financial crises.
Swiss National Bank2026-08-12
Swiss National Bank endorses measures to strengthen too big to fail rules and liquidity preparedness
The Swiss National Bank endorsed proposed measures to strengthen too big to fail regulation, including collateral preparation requirements for systemically important and medium-sized banks seeking central bank liquidity. It also urged broad preparation for the Extended Liquidity Facility from the beginning of 2027 and backed stronger recovery, resolution and crisis-management arrangements.