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In addition to the provision and risk premiums, there is also income from the National Bank, Finance Minister Karin Keller-Sutter said in an interview with Tamedia.
The outstanding liquidity support, backed by federal guarantees, is said to currently amount to five billion francs. Keller-Sutter expected they would soon be repaid in full.
It is still too early to answer the question of what legal adjustments are needed to avoid a case like the Credit Suisse bailout in the future. “The supervision of the financial markets must certainly be strengthened,” said the Federal Councilor – for example through fines or a higher management system. “Today it is almost impossible to hold anyone responsible for a gross failure.”
(SDA)
Source:Blick
I am Liam Livingstone and I work in a news website. My main job is to write articles for the 24 Instant News. My specialty is covering politics and current affairs, which I’m passionate about. I have worked in this field for more than 5 years now and it’s been an amazing journey. With each passing day, my knowledge increases as well as my experience of the world we live in today.
