Swiss Federal Banking Commission
Swiss Federal Banking Commission - supervisory authority of wide areas of the financial sector in Switzerland. At present, it assumes, on an independent basis, the following tasks: supervision of banks; supervision of investment funds; supervision of mortgage bond business; supervision of stock exchanges and securities dealers; supervision of disclosure of shareholdings and public takeover bids. In addition to its core duties of supervision, the SFBC is also active in other areas that relate to Switzerland as a financial centre. It is, therefore, in constant contact with the Swiss Federal Department of Finance and the Swiss National Bank. In addition, it maintains regular contact with various associations, primarily the Swiss Bankers Association, the Swiss Funds Association and the Swiss Institute of Certified Accountants and Tax Consultants.
