Countercyclical capital buffer: proposal of the Swiss National Bank

On the basis of art. 44 of the Ordinance on Capital Adequacy and Risk Diversification for Banks and Securities Traders (Capital Adequacy Ordinance, CAO) and following consultation with the Swiss Financial Market Supervisory Authority (FINMA), the Swiss National Bank (SNB) has submitted a proposal to…

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Countercyclical capital buffer: proposal of the Swiss National Bank

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