
BERLIN, Nov 17 (Reuters) - The CEO of Swiss finance regulator FINMA on Monday said that forward-looking supervision remains essential to ensuring Switzerland remains a stable and credible financial centre.
"Forward-looking, risk-based supervision also remains essential to ensure the stability and credibility of the Swiss financial centre," CEO Stefan Walter said in a statement.
"With regard to systemically important institutions, the planned reform of the 'too big to fail' regulation will also make a significant contribution in this context," he added.
The regulator warned in its annual risk monitor report that the risk landscape both in the financial and non-financial sectors has intensified since last year.