The recent report on the downfall of Credit Suisse has sparked political recriminations, with different parties blaming each other.
The FDP accuses former Finance Minister Ueli Maurer of negligence, claiming that he failed to establish a liquidity safety net and did not inform the Federal Council about the bank's situation.
The SVP defends Maurer, stating that he acted cautiously due to previous leaks.
Finma has also been criticized, with calls for stricter regulations and more decisive intervention.
The Center Party supports these calls and emphasizes the need for effective regulations and responsible oversight.
The SP proposes a ban on bonuses for systemically important banks and higher capital requirements.
The Green Party advocates for stricter rules on corporate governance and larger equity and liquidity buffers.
The Federal Council believes it has been vindicated by the report but acknowledges weaknesses in the existing regulations.
Finma welcomes the report's recommendations and commits to enhancing supervision.
While there is a consensus on the need for regulatory reform, opinions differ on the approach.
Some caution against overregulation and emphasize the improvement of existing regulations.
The ongoing debate will shape the future of Switzerland's financial landscape.