Switzerland has a large securities market and one of the world’s largest asset and wealth management industries, where banks play a dominant role. Swiss asset managers manage CHF 7.87 trillion in assets, among others CHF 1.3 trillion in collective assets and CHF 1.9 trillion in discretionary...

Switzerland has a large and sophisticated insurance market, which demonstrated resilience over time. The insurance industry, with overall premiums accounting for 60 percent of the Swiss GDP, has adapted to a long period of low interest rates and managed the impact of the COVID 19 pandemic. The...

This Technical Note considers the regulation, supervision and systemic risk monitoring of the investment fund (IF) sector in the Canadian provinces of Ontario and Québec. Canada has implemented many of the recommendations from the 2019 Financial Sector Assessment Program, including several of...

The FSAP reviewed the supervision and oversight of cyber risk and operational resilience of Significant Banking Institutions (SIs) in the Single Supervisory Mechanism (SSM) and the Financial Market Infrastructures (FMIs) operated by the Eurosystem. From an institutional perspective, the review...

While gradually declining in market share, Europe remains the second largest asset management market globally. The industry is mostly concentrated in a few member states (MS) with a significant amount of delegation of portfolio management services outside of the EU. The majority of funds are...

In recent years; the trading of crypto assets has surged among individuals and businesses in Nigeria. The authorities are strengthening the regulatory and supervisory framework for crypto assets to address potential risks including undetected capital outflows and currency speculation; money...