How safe are Swiss Banks?
The Swiss Federal Banking Commission (SFBC) regulates and supervises all banks in Switzerland. The SFBC is a member of the Basel Committee on Banking Supervision. Each bank must be licensed with the SFBC and they must follow equity and capital adequacy, as well as prudential and behavioral rules. Swiss law demands capital adequacy standards even higher than those required by the Basel Accord. Therefore Swiss banks are listed amongst the safest in the world.
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