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This paper discusses Article IV, Section 8 of the Articles of Agreement which states the requirement of maintenance of …
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The Selected Issue Paper discusses the Swiss National Bank’s (SNB) balance sheet risks and policy implications. Despite increased profit allocations, SNB capital has not kept pace with its growing balance sheet. The paper also explores the empirical determinants of pressures on the Swiss...
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Switzerland. With the exchange rate floor in place for more than one year, the Swiss economy has been relatively stable. Although …
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This paper discusses key findings of the Financial System Stability Assessment on Switzerland. Stress tests indicate …
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