Other international bodies

FINMA's tasks are closely interlinked with the activities of other international organisations and associations at European level and worldwide.
FINMA regularly follows the financial market and supervisory activities of a range of international bodies.

Bank for International Settlements (BIS)

The Bank for International Settlements is an international organisation which fosters cooperation among central banks and other authorities to ensure monetary and financial stability. Its banking services are provided exclusively to central banks and international organisations.

International Actuarial Association (IAA)

The IAA is the international umbrella organisation for local actuarial associations and their members. The IAA exists to encourage the development of a global profession, acknowledged as technically competent and professionally reliable, which will ensure that the public interest is served.

International Auditing and Assurance Standards Board (IAASB)

The IAASB is an independent standard-setting body under the auspices of the International Federation of Accountants (IFAC) and subject to the oversight of the Public Interest Oversight Board (PIOB). It is responsible for drawing up, maintaining and developing the International Standards on Auditing (ISA).

International Association of Deposit Insurers (IADI)

The IADI is a separate entity domiciled at the Bank for International Settlements. It was established to define international standards for deposit insurance. The IADI aims to contribute to the stability of financial systems by promoting international cooperation among deposit insurers.

International Accounting Standards Board (IASB)

The IASB is the independent standard-setting body of the International Financial Reporting Standards Foundation (IFRS). Its mission is to develop a single set of international financial reporting standards for general purpose financial statements.

International Federation of Accountants (IFAC)

As the global organisation for the accountancy profession, the International Federation of Accountants (IFAC) is committed to protecting the public interest by developing high quality international standards, promoting strong ethical values, encouraging quality practice, and supporting the development of all sectors of the profession around the world.

International Monetary Fund (IMF)

The International Monetary Fund is an international organisation with 190 member countries. Its objective is to promote international monetary cooperation, exchange rate stability, orderly exchange arrangements, economic growth and high levels of employment. The International Monetary Fund also provides temporary financial assistance to countries to help ease balance of payments adjustment. Furthermore, the IMF regularly monitors the financial sectors of its member countries.

Organisation for Economic Co-operation and Development (OECD)

Although FINMA is not directly involved in the work of the Organisation for Economic Co-operation and Development (OECD), it follows the supervisory aspects of its activities and supports, where necessary, the offices of the Swiss Federal Administration represented at the OECD and / or its subgroups.