The Swiss Financial Market Supervisory Authority (FINMA) has endorsed the Federal Council’s consultation drafts to strengthen Switzerland’s too-big-to-fail framework through amendments to the Banking Act and Liquidity Ordinance. FINMA called for the measures to be implemented as a comprehensive package, with particular emphasis on preventive supervisory instruments designed to reduce the likelihood of bank crises and resolution cases. The proposals would allow FINMA to communicate more actively about concluded enforcement proceedings, introduce an accountability regime, impose proportionate corrective measures for imminent breaches of financial market law and levy fines. They would also add resolution options and establish liquidity-related measures, including preparatory requirements intended to make it easier for larger banks to access support during periods of stress.
Swiss Financial Market Supervisory Authority (FINMA)2026-08-12
Swiss Financial Market Supervisory Authority backs too-big-to-fail consultation package and stronger preventive powers
The Swiss Financial Market Supervisory Authority backed the Federal Council’s consultation package to strengthen Switzerland’s too-big-to-fail framework and urged its implementation as a whole. The proposals would expand FINMA’s preventive, enforcement and resolution powers and improve larger banks’ access to liquidity support during stress.