A strong financial centre is key for the Swiss economy and Switzerland's standing as an international location. Switzerland should therefore maintain its place among world-leading, modern and globally active financial centres. The Federal Council wants to assist and support this with a sound and dynamic financial market policy.
This financial market policy builds on traditional Swiss strengths such as high productivity, stability, security and trust. In order to maintain a leading position on the international stage in the future while also meeting the needs of the population, these strengths need to be combined with an openness for new technological and international developments, and efforts to increase international competitiveness. In its new strategy presented here, the Federal Council has therefore defined nine specific areas of action for a future-proof Swiss financial centre under the three key thrusts "innovative", "interconnected" and "sustainable".
Existing and new financial centre players must be able to exploit the many possibilities offered by new technologies and data-driven business models in an optimal manner. To enable this, the Federal Council is creating a technology-neutral regulatory framework for digital access, digitalising the interfaces with the authorities and promoting innovation in the financial sector.
The international financial market regulatory framework is constantly being refined in the competent international bodies. Through its active involvement in the framework design, the Federal Council represents Switzerland's interests, also with the aim of improving market access from Switzerland. The Federal Council provides attractive and internationally compatible conditions which ensure that the financial centre has global reach. The Federal Council supports the financial sector in communicating its appeal to an international audience.
For financial service providers, as for all sectors of the economy, sustainable growth in all its aspects is the only viable path for future development. This involves not only the fundamental stability of the Swiss financial sector, its integrity and the effective combating of criminal risks, but also – against the background of the 2030 Agenda and especially climate change – tools to ensure the measurability and transparency of service quality and of effective product prices.
Last modification 18.11.2021