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FSB proposes measures to strengthen Too Big to Fail framework in Switzerland

FSB proposes measures to strengthen Too Big to Fail framework in Switzerland

The Financial Stability Board (FSB) has recommended a programme of measures to strengthen the Too Big to Fail (TBTF) framework for large banks in Switzerland. These steps include strengthening the recovery and resolution framework for Global Systemically-Important Banks (G-SIBs) and reinforcing the supervisory framework, invention powers and resources accorded to the Swiss Financial Market Supervisory...