Markets

Resolution planning by Swiss banks improves, but gaps remain

By Justin Pugsley
BRR fallback image

Resolution and recovery planning by Swiss banks has shown improvement, said the Swiss Financial Market Supervisory Authority (FINMA) while also approving for the first time the plans of the central counterparty clearing house (CCP) and central depository arms of the SIX exchange. 

On March 24, FINMA said that while the ...

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