Switzerland's FINMA declines comment on UBS auditor adverse opinion
Published by Global Banking & Finance Review®
Posted on March 17, 2025
1 min readLast updated: January 24, 2026
Published by Global Banking & Finance Review®
Posted on March 17, 2025
1 min readLast updated: January 24, 2026
FINMA declined to comment on UBS's auditor's adverse opinion about the bank's internal control over financial reporting for 2024.
ZURICH (Reuters) - Switzerland's financial market regulator FINMA on Monday declined to comment on the "adverse opinion" expressed by UBS's auditor on the effectiveness of the bank's internal control over its financial reporting for 2024.
(Reporting by Stefania Spezzati; Writing by Ariane Luthi)
The main topic is FINMA's lack of comment on UBS's auditor's adverse opinion regarding the bank's internal control over financial reporting for 2024.
FINMA's response is significant as it oversees financial regulations in Switzerland, and its stance can impact UBS's credibility.
The adverse opinion concerns UBS's internal control over its financial reporting for the year 2024.
Explore more articles in the Finance category

