# Credit Suisse collapse showed weakness in regulatory framework: SNB
Author:  Pal Sinha, Barnali 
Author URL: https://financedigest.com/author/pal-sinha-barnali
Published: 2024-06-20
Category: NEWS
Category URL: https://financedigest.com/category/news
Meta Title: Credit Suisse Collapse Exposes Regulatory Weakness: SNB Report
Meta Description: Discover how Credit Suisse's collapse highlighted regulatory vulnerabilities, as reported by the Swiss National Bank. Read more in the annual financial
URL: https://financedigest.com/credit-suisse-collapse-showed-weakness-in-regulatory-framework-snbhtml

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# Credit Suisse collapse showed weakness in regulatory framework: SNB

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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