Yvan Lengwiler, a former member of the Finma board, has expressed concerns about the recent report on the collapse of Credit Suisse. He believes that reinforcing UBS's capital base will not solve the underlying issues in the Swiss banking system.

Lengwiler warns that Switzerland's financial watchdog has persistent weaknesses and cautions that the lessons from the CEP report may be forgotten. He has been working to assess and improve banking stability in Switzerland since leading an expert group appointed by the Finance Department in 2022.

Lengwiler's call for a more comprehensive approach to banking regulation highlights the importance of maintaining the integrity of Switzerland's financial sector.