Switzerland: Financial Sector Assessment Program: Factual Update: IOSCO Objectives and Principles of Securities Regulation
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Summary:
This paper presents a factual update of the International Organization of Securities Commissions (IOSCO) Objectives and Principles of Securities Regulation for Switzerland. Overall, there has been substantial progress in implementing Financial Sector Assessment Program recommendations in various areas of securities regulation. In part, changes have been motivated by the need to adapt securities regulations in Switzerland to international developments. The project to unify financial supervision under the Federal Authority for Market Oversight is expected to strengthen the budgetary independence, staffing, and enforcement powers of the supervisor.
Series:
Country Report No. 2007/202
Subject:
Auditing External audit Financial institutions Financial Sector Assessment Program Financial sector policy and analysis Hedge funds Public financial management (PFM) Securities
English
Publication Date:
June 13, 2007
ISBN/ISSN:
9781451807370/1934-7685
Stock No:
1CHEEA2007007
Pages:
18
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