FINMA’s Board of Directors draws up the annual report (and financial statements) and submits it to the Federal Council for approval prior to publication. As an accountability report, it provides information on FINMA’s supervisory practice during the previous business year and also includes statistics and the annual financial statements as mandatory components. FINMA aims to give the general public a clear and transparent picture of its supervisory activities in fulfilling its statutory remit. The annual financial statements are drawn up in accordance with the International Financial Reporting Standards (IFRS). The reporting period runs from 1 January to 31 December.
Following approval by the Federal Council, FINMA generally publishes its annual report and financial statements at its annual media conference held in the spring. The annual report is published in electronic and print versions in four languages: German, French, Italian and English. The annual financial statements are published in German and French.