Subject Matter Expert, who plays a pivotal role in the success of IT outsourcing projects by bridging the gap between internal teams and outsourcing partners.

GRC Finance

Switzerland’s banking sector, managing over $7.3 trillion in assets, is globally renowned for its stability and robust regulatory framework. Key pillars include:

consolidated supervision
stringent liquidity requirements
advanced risk management
innovative RegTech solutions.

Swiss banking regulations underwent significant reforms post-2008, aligning with EU standards while ensuring financial system resilience. The Swiss Financial Market Supervisory Authority (FINMA) adopts a risk-based supervisory approach, emphasizing capital adequacy and liquidity. Systemically important banks face heightened requirements, including rigorous stress testing and compliance with Basel III standards.

Consolidated supervision enables FINMA to oversee financial groups holistically, ensuring comprehensive risk management across entities. Cross-border activities demand stringent compliance with legal frameworks, minimizing reputational and legal risks.

Liquidity management has strengthened significantly, guided by Basel III standards. Banks must meet a 100% Liquidity Coverage Ratio (LCR), with enhanced requirements for systemically important institutions. Recent crises, like Credit Suisse, prompted the creation of the Public Liquidity Backstop to safeguard against future shocks.

Swiss banks excel in adopting RegTech for compliance automation and SupTech for supervisory efficiency. Enhanced data management standards and digital reporting requirements ensure robust cybersecurity and operational resilience. By combining regulatory rigor, technological innovation, and adaptability, Switzerland maintains its position as a global financial leader.