November 27, 2019 / 11:36 AM / 18 days ago

BRIEF-Swiss Exempt Well-Capitalised Small Banks From Certain Regulatory Requirements

Nov 27 (Reuters) - Swiss financial watchdog Finma:

* IMPLEMENTING SMALL BANKS REGIME AT CIRCULAR LEVEL AS OF 1 JANUARY 2020

* SMALL, PARTICULARLY LIQUID AND WELL CAPITALISED BANKS ARE TO BE EXEMPTED FROM CERTAIN REGULATORY REQUIREMENTS

* ADJUSTING EIGHT FINMA CIRCULARS FOR THIS PURPOSE Source text: bit.ly/2OpZtrC (Berlin Speed Desk)

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