ZURICH, April 10 (Reuters) - Swiss financial regulator
FINMA on Wednesday welcomed the government's report into new
financial regulations to oversee UBS and other lenders
following the 2023 implosion of Credit Suisse.
"FINMA welcomes the thrust of the report and is in favour of
strengthening the stability of banks as well as expanding the
range of instruments available to FINMA," the authority said.
FINMA said it particularly supported proposals to improve
banks' capital quality and liquidity buffers, and also moves to
allow it to disclose enforcement proceedings against banks who
break its rules, as well as to issue fines.