Switzerland : Detailed Assessment of Implementation-IOSCO Objectives and Principles of Securities Regulation
This Detailed Assessment of Implementation on the International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation discusses that Switzerland has made progress in addressing the recommendations from the IOSCO assessment of the 2001-2002 Financial Sector Assessment Program. In supervision, the Swiss Financial Market Supervisory Authority (FINMA) has further developed the risk-based supervisory system that it uses to determine the supervisory approach for each supervised entity. FINMA's enforcement powers have recently been enhanced through the introduction of specific prohibitions on insider trading and market manipulation in the Federal Act on Stock Exchanges and Securities Trading. The Swiss authorities will face a significant challenge in coping with the upcoming securities regulatory overhaul. The planned framework will impact on practically all the areas of FINMA, as it is likely to require the assumption of new tasks in relation to the regulation and supervision of the issuance of unlisted securities, financial market infrastructures, independent asset managers, and conduct of business of banks and securities dealers
Year of publication: |
2014
|
---|---|
Institutions: | International Monetary Fund / Monetary and Capital Markets Department ; International Monetary Fund / Monetary and Capital Markets Department (contributor) |
Publisher: |
Washington, D.C : International Monetary Fund |
Subject: | Schweiz | Switzerland | Finanzmarktaufsicht | Financial supervision |
Saved in:
freely available
Extent: | Online-Ressource (173 p) |
---|---|
Series: | IMF staff country report. - Washington, DC : IMF, ZDB-ID 2390613-3. - Vol. Country Report No. 14/266 |
Type of publication: | Book / Working Paper |
Language: | English |
ISBN: | 1-4843-9435-6 ; 978-1-4843-9435-9 |
Other identifiers: | 10.5089/9781484394359.002 [DOI] |
Source: | ECONIS - Online Catalogue of the ZBW |
Persistent link: https://www.econbiz.de/10014411534
Saved in favorites
Similar items by subject
-
Bulletin / Eidgenössische Bankenkommission, EBK
(2008)
-
Implementation monitoring of PFMI : assessment report for Switzerland
(2019)
-
Geld- und Währungsrecht im nationalen und internationalen Kontext
Vischer, Frank, (2010)
- More ...
Similar items by person