The further drop in interest rates in 2015 reduced the capacity of private life insurers to reinsure occupational pension schemes. FINMA’s annual transparency report evaluates insurers’ financial reporting.
Every year supervised insurers submit information and data to FINMA about their business results. FINMA’s insurance market report, which is issued annually and provides an overview of the insurance sector, is based on this data.
Financial technology is an important focal point for FINMA. See our new web page for information about regulatory issues regarding FinTech.
In 2015, repeated misconduct in the financial sector prompted FINMA to strengthen and systematise conduct supervision.
In 2015, FINMA conducted 794
investigations into possible breaches of supervisory law and concluded 55
enforcement proceedings. It stepped up and imposed measures on employees and top management engaging in misconduct at supervised institutions.