Finance

Switzerland's FINMA says its stress tests more stringent than current market events

Published by Global Banking and Finance Review

Posted on April 8, 2025

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BERN (Reuters) - FINMA's stress tests are more stringent than current market turbulences, the Swiss financial market regulator's CEO Stefan Walter said on Tuesday, reacting to a question about turmoil in the wake of trade tariffs imposed by the United States.

FINMA was closely following market developments and maintained contacts with the institutes it supervises, Walter added.

(Reporting by Ariane Luthi)