The Swiss authorities have made important strides toward implementing an effective too-big-to-fail regime for global systemically important banks (G-SIBs). Nevertheless, the merger of Credit Suisse and UBS into an even bigger G-SIB that will be the world’s largest as a percentage of the home jurisdiction’s economy underscores the importance of further strengthening the domestic regulatory, supervisory and resolution framework for G-SIBs. Our Switzerland Peer Review report has more: https://lnkd.in/e_s3Gt5C #FinancialStability #GSIBs #TooBigToFail #TBTF
