ZURICH - Preliminary findings in an eagerly awaited parliamentary report into the 2023 collapse of Credit Suisse have identified serious failings by Swiss regulatory authorities leading up the bank's demise, a Swiss newspaper reported on Sunday.
"There is therefore no assessment nor criticism from the committee at this stage," she said. "The mention in the article of a majority or a minority opinion inside the committee does not correspond to reality."The newspaper cited findings for the PUK report, which is expected to be published later this year, saying that FINMA was too hesitant and could have intervened when it became apparent that Credit Suisse was facing major problems.
FINMA and the SNB did not immediately respond to requests for comment. The finance ministry had no comment.
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