The Swiss Financial Market Supervisory Authority FINMA has identified two new risks for the financial sector in its just published (9 November) 2023 Risk Monitor report. The Bern-headquartered regulator found a total of nine significant risks for the financial sector, with the new risks relating to liquidity and funding as well as to the outsourcing of business activities. The report provides an overview of what FINMA believes are the most important risks currently facing supervised institutions and describes the resulting focus of its supervisory activity. FINMA said many of the ...
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