FINMA Announces Major Restructuring Post-Credit Suisse

Swiss financial regulator creates new risk division and increases on-site inspections in response to banking sector challenges.

FINMA has established a new 'Integrated Risk Expertise' division effective immediately.
The 'Markets' and 'Asset Management' divisions are being merged into a single unit.
Marianne Bourgoz Gorgé has been appointed to head the new risk division.
Birgit Rutishauser, Deputy Director and Head of Insurance, is leaving FINMA at the end of April.

2022

Year Joined

Years

2014

Year

"Putting out the fire when it is already blazing."
— Stefan Walter

"Fulfil its mandate to protect financial market clients and the functioning of the financial markets even more effectively."
— FINMA Press Release

Watchdog Bites Back: The Overhaul

FINMA has established a new 'Integrated Risk Expertise' division effective immediately.
The 'Markets' and 'Asset Management' divisions are being merged into a single unit.
Marianne Bourgoz Gorgé has been appointed to head the new risk division.
Birgit Rutishauser, Deputy Director and Head of Insurance, is leaving FINMA at the end of April.