10.02.2020 – The international environment has changed fundamentally since the global financial crisis. The rules for Switzerland's financial centre have been adjusted in line with both international and technological developments in recent years, e.g. in the areas of capital requirements for big banks, fintech and taxation.
As set out in its report of October 2016, the Federal Council supports a sound financial market policy that is dynamic at the same time. In this way, access to certain markets is to be improved and high barriers to market entry for fintech firms are to be removed. Regulatory processes are to be optimised and systemic risks are to be restricted. And finally, international standards in the area of taxation and money laundering will be the yardstick for Switzerland's policy.