Switzerland has released a parliamentary report on the collapse of Credit Suisse, which has raised concerns about the country's financial stability.

Recommendations for Future Crises

The report includes 30 recommendations to prevent future crises and highlights the role of UBS, which acquired Credit Suisse in a rescue.

The recommendations in the report are expected to shape the future of Swiss banking regulation and governance.

Government Consideration of UBS's Size

The report suggests that the government should consider UBS's size when formulating regulations.

Emphasizing Management Accountability

The report emphasizes the need for management accountability.

Criticism of Swiss Financial Regulator

The report criticizes the Swiss financial regulator, FINMA, for its leniency towards Credit Suisse.

Call for Public Liquidity Backstop

The report calls for a public liquidity backstop.

Improved Information Sharing and Transparency

The report also highlights the need for improved information sharing and transparency.