Finance
Switzerland's FINMA says its stress tests more stringent than current market events
Switzerland's FINMA says its stress tests more stringent than current market events
Published by Global Banking and Finance Review
Posted on April 8, 2025
Published by Global Banking and Finance Review
Posted on April 8, 2025
BERN (Reuters) - FINMA's stress tests are more stringent than current market turbulences, the Swiss financial market regulator's CEO Stefan Walter said on Tuesday, reacting to a question about turmoil in the wake of trade tariffs imposed by the United States.
FINMA was closely following market developments and maintained contacts with the institutes it supervises, Walter added.
(Reporting by Ariane Luthi)
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