FINMA Observes Market Turmoil, No Immediate Liquidity Issues
BERN (Reuters) - Switzerland's financial market regulator sees a lot of uncertainty and volatility in the financial sector as a result of market turmoil, but no liquidity bottlenecks so far, FINMA CEO Stefan Walter told Reuters on Tuesday.
However, such bottlenecks could occur with a time lag, Walter added, pointing out specific risks: "It is very important that we primarily follow developments in the so-called non-bank financial institution sector, which includes hedge funds, private equity funds, credit funds and so on."
FINMA is monitoring the market situation very closely by liaising with partner authorities and supervised institutions, including all the systemically important banks, Walter said.
(Reporting by Ariane Luthi; Editing by Dave Graham)
