FINMA highlights outsourcing, liquidity risks in Swiss financial sector

The Swiss Financial Market Supervisory Authority (FINMA) has raised concerns over growing unrest in Switzerland’s financial sector, with a particular focus on the risks associated with liquidity, refinancing, and outsourcing business activities, as detailed in their latest “Risk Monitor 2023” report. FINMA’s report points to liquidity and refinancing risk as a primary concern, indicating that … Read more