Federal Council issues opinion on report of Parliamentary Investigation Committee concerning Credit Suisse
The Federal Council has taken note of the report prepared by the Parliamentary Investigation Committee (PInC) on "Management by the authorities – CS emergency merger". It welcomes the fact that the PInC's report takes a positive view of the authorities' actions in the Credit Suisse crisis and of the solution chosen with the takeover by UBS. In its report for the attention of the Federal Assembly, the Federal Council sets out its position on the PInC's recommendations, motions and postulates. The work carried out by the PInC largely confirms the expediency of the measures envisaged in the Federal Council's report on banking stability of 10 April 2024.
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