Swiss Banks - Financial Stability
In its Financial Stability Report, the Swiss National Bank presents its assessment of the stability of Switzerland's banking sector and financial market infrastructures. The SNB publishes this report as part of its contribution to the stability of the financial system – a task assigned to it under the new National Bank Act. In the Financial Stability Report, the SNB focuses on trends that are observable at the levels of the banking system, the financial market infrastructure, the financial markets and the macroeconomic environment. The main purpose of the report for the SNB is to draw attention to strains or imbalances which could pose a threat to system stability in the short or the longer term. The SNB thus tracks developments in the banking sector from a macroprudential perspective. This task supplements that assigned to the Swiss Financial Market Supervisory Authority (FINMA), which is responsible for supervision of the banks at the level of the individual institutions (microprudential supervision). In addition, the Financial Stability Report provides information about its activities regarding the oversight of financial market infrastructures.
The Financial Stability Report is published in English in June each year. A summary translation in French and German is usually also published.