“Unabhängigkeit der Nationalbank (Independence of the SNB),” FuW, 2020
2020-07-28
Von verschiedenen Seiten werden Ansprüche an den Gewinn der Nationalbank gestellt. Es sollte in der Kompetenz der SNB liegen, zu entscheiden, welchen Teil ihrer Bilanz sie nicht zur Erfüllung ihrer Aufgaben benötigt.
How much blockchain does the financial world need?
2020-09-30
Central Bank Digital Currency (CBDC) is the buzz-phrase of the moment. But the Swiss National Bank (SNB) says producing digital Swiss francs for the general public would create many problems with unclear benefits. The Swiss government has backed up the central bank word for word.
Swiss National Bank intervenes heavily to weaken Swiss franc
2020-10-13
Official data recently released by the Swiss National Bank (SNB) show it sold 51.5 billion Swiss francs while acquiring US dollar and euro-denominated assets in a bid to weaken the franc over the first quarter of 2020.
FINMA-Aufsichtsmitteilung 08/2020: LIBOR-Ablösung im Derivatebereich
2020-10-17
Die Eidgenössische Finanzmarktaufsicht FINMA empfiehlt den von der LIBOR-Ablösung betroffenen Beaufsichtigten, das neue Rückfallprotokoll der International Swaps and Derivatives Association (ISDA) frühestmöglich zu unterschreiben.
Romeo Lacher and Christoph Mäder nominated for election to the SNB Bank Council
2020-11-03
At its meeting today, the Bank Council of the Swiss National Bank decided to propose to the General Meeting of Shareholders of 30 April 2021 that Romeo Lacher and Christoph Mäder be elected to the SNB Bank Council for the remainder of the 2020–2024 term of office. Romeo Lacher is Chairman of the Board of Directors of Julius Baer Group Ltd. and Bank Julius Baer & Co. Ltd.
Krankenzusatzversicherer: FINMA sieht umfassenden Handlungsbedarf bei Leistungsabrechnungen
2020-12-19
Die Eidgenössische Finanzmarktaufsicht FINMA stellt aufgrund ihrer jüngsten Analysen fest, dass Rechnungen im Bereich der Krankenzusatzversicherung häufig intransparent sind und zum Teil unbegründet hoch oder ungerechtfertigt scheinen.
Swiss balance of payments and international investment position: Q3 2020
2021-01-05
In the third quarter of 2020, the current account surplus amounted to CHF 9 billion, CHF 3 billion less than in the same quarter of 2019. This decline was particularly due to the lower receipts surplus in trade in goods and services. In the case of the goods trade, the decline was attributable to gold trading. This decrease was curbed by the expenses surplus for primary and secondary income, which decreased compared to Q3 2019.
Swiss franc shrugs off being put on the naughty step by US
2021-01-07
For many foreign exchange traders, the US Treasury’s decision to designate Switzerland as a currency manipulator last month comes nearly six years too late and with a good dose of irony.