Swiss Federal Banking Commission

Swiss Federal Banking Commission
Headquarters	Bern, Switzerland
Key People	Dr. Eugen Haltiner
Website	www.ebk.admin.ch

The Swiss Federal Banking Commission (SFBC) is an administrative authority of the Confederation that is independent of the individual directives of the Federal Council and is not a part of central government administration.

History

Historically the authority responsible for supervising the banking sector, the SFBC has with time developed into a supervisory authority responsible for broad areas of the financial sector.

Products and Services

The SFBC is responsible for the following tasks:

• Supervision of banks and securities dealers
• Supervision of audit firms as far as they verify banks, securities dealers, fund management companies, investment companies with variable capital, investment companies with fixed capital, limited partnerships for collective investments, asset managers of collective investments, representatives of foreign collective investment schemes and investment funds
• Supervision of collective investment schemes
• Supervision of mortgage bond business
• Supervision of stock exchanges and markets
• Disclosure of shareholdings and public takeover bids for listed companies
• Supervision of banks, securities dealers, fund management companies, investment companies with variable capital, investment companies with fixed capital, limited partnerships for collective investments and asset managers of collective investments in matters of money laundering
• Decisions about bankruptcy and restructuring of banks and securities dealers

Key People

The SFBC is managed by a Commission , appointed by the Federal Council, that consists of seven to 11 members, who serve four-year terms. The Commission consists of:

• Eugen Haltiner , chairman
• Jean-Baptiste Zufferey, Vice-Chairman
• Peter Viktor Eckert, Commissioner
• Anne Hertier Lachat, Commissioner
• Rene Kastli, Commissioner
• Sabine Kilgus, Commissioner
• Charles Pictet, Commissioner