by Summary:
The Federal Council aims at strengthening the deposit insurance system and has asked the ministry of finance to work out new rules. Banks will have to pledge securities as collateral, rather than solely contribute cash ex post. The council rejects the proposal to prefund a deposit fund.
Topics:
Dirk Niepelt considers the following as important: Collateral, Deposit, Deposit insurance, Notes, Prefunding, Switzerland
This could be interesting, too:
The Federal Council aims at strengthening the deposit insurance system and has asked the ministry of finance to work out new rules. Banks will have to pledge securities as collateral, rather than solely contribute cash ex post. The council rejects the proposal to prefund a deposit fund.
Topics:
Dirk Niepelt considers the following as important: Collateral, Deposit, Deposit insurance, Notes, Prefunding, Switzerland
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The Federal Council aims at strengthening the deposit insurance system and has asked the ministry of finance to work out new rules. Banks will have to pledge securities as collateral, rather than solely contribute cash ex post. The council rejects the proposal to prefund a deposit fund.