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Credit Suisse collapse showed weakness in regulatory framework: SNB
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Credit Suisse collapse showed weakness in regulatory framework: SNB
Jun 19, 2024 10:06 PM

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.

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