Swiss authorities ink deal on crisis collaboration
Swiss National Bank, finance ministry and regulator sign memorandum on supervisory cooperation
The Swiss National Bank (SNB), Switzerland's finance ministry and Finma, the country's financial market regulator, on Monday signed a memorandum of understanding (MoU) to collaborate on supervisory issues.
"The agreement governs collaboration between the three authorities, which includes the exchange of information on financial stability and financial market regulation issues, as well as collaboration in the event of a crisis that could threaten the financial system's stability," the three
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