The online magazine of the Swiss Bankers Association
September 27, 2018


A secure, stable and transparent Swiss financial centre

A secure, stable and transparent Swiss financial centre

Dear readers

Ten years after the financial crisis, our financial centre is secure, stable and transparent. One of the many examples of the progress that has been made is the automatic exchange of information.
Herbert J. Scheidt
by Herbert J. Scheidt, Chairman

With that in mind, in our latest Insight we have devoted an article to this pressing topic, because this autumn the first data will be transmitted from Switzerland to 38 countries. At the same time, the Swiss banking centre continues to occupy a leading position in international comparison. This is evidenced by the figures, data and facts returned by this year's bank barometer.

Long-term success requires that stability and security are proportionate to the framework conditions that allow for competitiveness and create scope for entrepreneurial action. Therefore, the motto we chose for this year’s Bankers Day was "Shaping the future – creating flexibility". We also used the Banker’s Day to introduce our new promotional film, which shows how a new generation of colleagues from our banks are taking our branch into the future.

In addition, this Insight provides information on important dossiers where the SBA is working to establish favourable framework conditions, for example in relation to the discussion on investment properties and our call for open markets, EU market access and stock market equivalence. In the interview on the small bank regime, Marianne Wildi, CEO of Hypothekarbank Lenzburg, and Markus Staub from the SBA outline their experiences and set forth their expectations on the path to differentiated regulation for small banks.

Today the SBA is committed to creating framework conditions that not only allow innovation, but actively foster it. Our new account opening guidelines for companies in the blockchain arena demonstrate the shared desire on the part of banks, Fintech companies and authorities to keep Switzerland at the cutting edge of new technologies.

Happy reading!

Herbert J. Scheidt