The case

The “hot real estate and mortgage markets” are a cause for concern for the financial market supervisory authority (FINMA). According to its assessment and compared to the previous year, the risks have increased further. However, the real estate market has proven resilient, thanks to government aid packages and monetary policy interventions in the Corona pandemic, it says in the 2021 edition of the FINMA Risk Monitor published today. The mortgage volume has even continued to grow unchanged. For more see link.

Source: FINMA

The commentary

Most of the other main risks for the financial sector remained unchanged from the previous year.

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