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FINMA favours Single Point of Entry Bail-in as Optimal Resolution Strategy
In August 2013, the Swiss Financial Market Supervisory Authority FINMA issued a position paper on the resolution of globally systemically important banks. With its new policy in relation to the importance of a bail-in strategy for large financial institutions FINMA joined regulators in the United States, Europe and elsewhere to focus on a bail in…
Reference: CapLaw-2014-4