# Credit Suisse collapse showed weakness in regulatory framework: SNB
Published: 2024-06-20
Category: Headlines
Category URL: https://entrepreneurtribune.com/category/headlines/
Meta Title: Credit Suisse Collapse Reveals Regulatory Weakness
Meta Description: Discover how Swiss National Bank addresses regulatory gaps highlighted by Credit Suisse collapse. Learn about actions needed for financial stability.
URL: https://entrepreneurtribune.com/credit-suisse-collapse-showed-weakness-in-regulatory-framework-snb/

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ZURICH (Reuters) – The collapse of Swiss bank Credit Suisse last year has highlighted weaknesses in the regulatory framework, the Swiss National Bank said on Thursday.

“The SNB shares the Federal Council’s view concerning need for action in the areas of capital requirements, liquidity requirements, early intervention, and recovery and resolution planning,” the central bank said in its annual financial stability report.

(Reporting by Miranda Murray and Ludwig Burger; Writing by Dave Graham)


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