International cooperation in the financial market sector

During its meeting on 20 September 2024, the Federal Council decided to initiate a consultation on amending of the international administrative assistance regulations in the Financial Market Supervision Act (FINMASA), the Auditor Oversight Act (AOA) and the National Bank Act (NBA). The aim of the legislative amendments is to adapt the Swiss legal framework for international cooperation in the area of financial market supervision and audit oversight to both the current circumstances and the needs of Switzerland's financial centre.

Press release of the Federal Council of 20 September 2024