Analysis, Regulation & Supervision

Finma must roll back reliance on external auditors, FSB says

By Ellesheva Kissin
Image via Bloomberg

Switzerland’s financial regulator needs more resources and powers to maintain its oversight of the world’s biggest bank merger, the Financial Stability Board has said, after raising concerns around the regulator’s over-reliance on external auditors.

In the G20 financial watchdog’s peer review of Switzerland, ...

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