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116th Annual Report Swiss National Bank 2023
Ladies and Gentlemen It is our pleasure to present the Swiss National Bank’s Annual Report for 2023. The first part comprises the accountability report submitted by the Governing Board to the Federal Assembly, and sets out how the SNB has fulfilled its tasks pursuant to art. 5 of the National Bank Act (NBA) during the past year. The second part comprises the financial report, which provides information on organisational and operational developments as well as the financial result of the SNB. The financial report is submitted for approval first to the Federal Council and then to the General Meeting of Shareholders. ... (full story)
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SNB: A REVIEW OF UBS SYSTEMIC CAPITAL REQUIREMENTS IS NEEDED.
— FinancialJuice (@financialjuice) March 19, 2024
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SNB: THE STABILITY OF SWISS BANK FINANCING NEEDS TO BE STRENGTHENED.
— FinancialJuice (@financialjuice) March 19, 2024
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SNB: BANKS NEED TO PREPARE MORE COLLATERAL FOR EMERGENCIES.
— FinancialJuice (@financialjuice) March 19, 2024
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SWISS NATIONAL BANK: THE BANK RECOGNISES A NEED FOR ACTION IN THE AREAS OF EARLY INTERVENTION, CAPITAL AND LIQUIDITY REQUIREMENTS, AND RESOLUTION PLANNING.
— FinancialJuice (@financialjuice) March 19, 2024