# Credit Suisse collapse showed weakness in regulatory framework: SNB
Author: Pal sinha, Barnali
Author URL: https://startupobserver.com/author/pal-sinha-barnali/
Published: 2024-06-20
Category: Headlines
Category URL: https://startupobserver.com/category/headlines/
Meta Title: Credit Suisse collapse exposes regulatory framework weaknesses
Meta Description: Credit Suisse's collapse exposes regulatory flaws, leading SNB to call for improved capital, liquidity standards and recovery plans. Learn more.
URL: https://startupobserver.com/credit-suisse-collapse-showed-weakness-in-regulatory-framework-snb/

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ZURICH (Reuters) – The collapse of [Swiss](https://startupobserver.com/swiss-national-bank-posts-15-billion-loss-during-second-quarter/) [bank](https://startupobserver.com/polish-central-bank-reports-loss-of-5-billion-dollars-in-2023/) Credit Suisse last year has highlighted weaknesses in the regulatory framework, the Swiss National Bank said on Thursday.

“The SNB shares the Federal Council’s view concerning need for action in the areas of capital requirements, liquidity requirements, early intervention, and recovery and resolution planning,” the central bank said in its annual financial stability report.

(Reporting by Miranda Murray and Ludwig Burger; Writing by Dave Graham)


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