The Federal Council adopts dispatch on federal financial market supervision
Bern, 1.2.2006 - In Switzerland, state supervision of banks, insurance companies and other financial intermediaries is to be merged in the Federal Financial Market Supervisory Authority (FINMA). Consequently the Swiss Federal Banking Commission (SFBC), the Federal Office of Private Insurance (FOPI) and the Money Laundering Control Authority (MLCA) will be integrated into one single authority. Today the Federal Council adopted the corresponding dispatch.