News

07 September 2011
Press release

Federal Council confirms measures against overheating in the mortgage business

The Swiss Financial Market Supervisory Authority FINMA welcomes the Federal Council's intention to rapidly make the necessary adjustments to the capital requirements for the riskiest mortgage loans. The implementation of these measures will contribute significantly to improving the risk situation of banks active in the mortgage business.

Concerning the introduction of the dynamic capital buffer, FINMA is involved in the working group set up for this purpose, which is led by the Federal Department of Finance FDF, to prepare the implementation of this new and complex instrument properly.

Contact

Tobias Lux, Media Spokesperson, phone +41 (0)31 327 91 71, tobias.lux@finma.ch