Press releases
Media Release - SFC response to European Commission Green Paper 'Building a Capital Markets Union'
MAY 2015
The Swiss Finance Council calls for a Capital Markets Union Without Borders
Today, the Swiss Finance Council has provided detailed comments in response to the European Commission’s Green Paper "Building a Capital Markets Union". The Capital Markets Union (CMU) aims to create deeper and more integrated capital markets in Europe. In addition to responses to the Green Paper’s questions, the Swiss Finance Council has set out its overarching priorities, which include, in particular, a call for a ‘Capital Markets Union Without Borders’.
Chairman Alexis Lautenberg stated: “A globally competitive EU capital market will attract investment from outside the EU, and as such the international dimension should feature much more significantly amongst the priorities of the CMU. There is an urgent need for the EU to foster co-operation with partner countries. There has been a considerable retrenchment in global capital markets in recent years, with policy makers, understandably, thinking national or regional first in an effort to establish financial stability at home and to guard against financial instability from elsewhere. This tendency has disrupted the flow of global capital, closing off sources of investment, and making Europe even more dependent on a largely deleveraging domestic banking sector”.
Judith Hardt, Managing Director stated: “We are very supportive of the CMU. We believe that the CMU can contribute to growth and ensure that EU markets are open to investments from outside and vice-versa. Europe’s capital markets could be further deepened and strengthen by systematically taking into account the external dimension. We encourage Europe to take the lead, both bilaterally and within the framework of international organisations in advocating international standards. We also believe that the EU’s current regime of determining whether regulatory arrangements of a third country are equivalent could be further improved”.
All other Press releases
New Deputy Director, Head of Policy & Advocacy
June 2023
Today, we welcome Roeland Van der Stappen to the SFC as our new Deputy Director, Head of Policy & Advocacy. With his background and extensive experience in the financial services industry, Roeland will play a crucial role in advancing our organisation's goals and objectives.
Broadening of SFC membership base
17 MARCH 2023
The Swiss Finance Council (SFC) and its founding members Credit Suisse and UBS are pleased to announce that the Association of Swiss Private Banks (ABPS), the Asset Management Association Switzerland (AMAS), the Swiss Bankers Association (SBA) and the Association of Swiss Asset and Wealth Management Banks (VAV) are joining the SFC. This will strengthen further the collaboration in representing the interests of internationally active Swiss banks and asset managers with EU stakeholders.
SFC New Managing Director 2021
SEPTEMBER 2020
The Swiss Finance Council (SFC) announced today the appointment of Esther Widmer as the new Managing Director of its Brussels office.
SFC Discussion Paper 2020
MARCH 2020
The Swiss Finance Council releases its 6th Discussion Paper ‘Getting ready for the ‘20s – Technology and the Future of Global Banking'
SFC New Chairman 2019
MAY 2019
Dr. Peter Derendinger, Chairman of the Board, Credit Suisse (Schweiz) AG appointed as Chairman of the Swiss Finance Council
SFC Discussion Paper 2019
FEBRUARY 2019
The Swiss Finance Council releases its 5th Discussion Paper ‘Global Systemic Stability and Evolving Risks’
SFC New Managing Director 2018
NOVEMBER 2018
The Swiss Finance Council (SFC) announced today the appointment of Matthias Heer as the new Managing Director of its Brussels office.
SFC Management 2018
JUNE 2018
Five years after its foundation in 2013, the Swiss Finance Council (SFC) has established itself as a broad platform for dialogue and exchange of views and information on EU developments in an international perspective.
SFC New Chairman 2018
FEBRUARY 2018
Alexandre Zeller, Chairman of the Board, Credit Suisse (Schweiz) AG, is appointed as Chairman of the Swiss Finance Council
SFC Discussion Paper 2018
FEBRUARY 2018
The Swiss Finance Council presents its 4th Discussion PaperThe Swiss Finance Council presents its 4th Discussion Paper‘International Regulatory Cooperation to Counter the Risks of Fragmentation’
SFC Discussion Paper 2017
MARCH 2017
The Swiss Finance Council presents its Discussion Paper ‘The EU and its Partners: Banks and Investors in a Digital World’
SFC Discussion Paper 2016
FEBRUARY 2016
The Swiss Finance Council presents its Discussion Paper ‘The EU and its Partners: Attracting International Investors’
Media Release - SFC response to European Commission consultation paper on CRR and CRD IV
OCTOBER 2015
The Swiss Finance Council responds to the European Commission's consultation paper on the possible impact of the CRR and CRD IV on bank financing of the economy
SFC Discussion Paper 2015
FEBRUARY 2015
The Swiss Finance Council presents its Discussion Paper ‘The EU and its Partners: Defending Open Markets in Challenging Times’