The case
Risk-based supervision for a stable financial market.
The commentary
In line with its mandate, FINMA continued to safeguard the stability of the Swiss financial centre and protect financial market clients. In 2025 it helped secure further reductions in supplementary health insurance premiums and supported reforms in order to strengthen the “too big to fail” regime, thereby enhancing the effectiveness of its supervisory framework.
FINMA expects the expansion of its supervisory responsibilities to result in higher costs. The proposed additional resources are aligned with its Strategic Goals 2025 – 2028 and will support the effective fulfilment of its mandate,while maintaining a comparatively lean organisation by international standards.









