As autumn begins and the Swiss parliament goes into session - exceptionally - in the resort of Flims in the Grisons, one wonders how its members will react to the affair that dominated the headlines of the Swiss media throughout the end of summer. We are, of course, talking about the "Swissfirst Affair" involving the bank of the same name as well as its consequences affecting a number of pension plans that sold their shares in this company at a bad moment (when it was, in actual fact, poised to merge with another bank).
Michel Y. Dérobert, SPBA (PDF - 71 Ko) - Article published in "L'Agefi" (Special edition "Journée des Banquiers")
La place financière helvétique a surtout eu, ces dernières années, des préoccupations externes, notamment en relation avec l'Union européenne. Elle doit maintenant se focaliser sur les dossiers internes.
June 16, 2006
Ordinary Annual General Meeting
Press release - document in French only (PDF - 26 Ko)
On March 8, 2006, the Federal Parliament's lower chamber passed the draft Federal Act on Collective Capital Investments (CCIA). Basically, its aim is to reinforce the competitiveness of the Swiss financial centre, particularly in relation to Luxembourg, which is a length ahead in the field. With this in mind, the bill allows, in particular, for the creation of new investment schemes like Open-ended Investment Companies (SICAVs) and Limited Partnership for Collective Capital Investments (LPCCI).
Début 2006, le Conseil fédéral a approuvé le projet de Message relatif à la surveillance des marchés financiers. Le but de ce nouveau texte est de créer, à l'horizon 2008, une Autorité de surveillance rassemblant sous le même toit les trois instances suivantes : La Commission fédérale des banques, l'Office fédéral des assurances privées et l'Autorité de contrôle en matière de lutte contre le blanchiment d'argent.