Swiss
Swiss Financial Market Regulation
The Swiss Federal Banking Commission-SFBC - together with the Federal Finance Administration and the Federal Office of Private Insurance - has drawn up guidelines for
effective financial market regulation, which it incorporates in the regulatory process.
The Swiss Exchange
The
SWX Swiss Exchange is a central link in the value chain of the Swiss financial marketplace. It organises, operates and regulates key aspects of Switzerland's capital market.
Federal Office of Private Insurance
The Federal Office of Private Insurance (FOPI) monitors the business operations of private insurance companies: life insurance, accident insurance, insurance against damage and re-insurance. It grants approval for business operations, checks and approves the in-surance products for life and health insurance, checks annual reports, inspects the compa-nies and deals with complaints, if any. Moreover, FOPI monitors, as a supplement to the control by the Federal Office of Public Health (SFOPH), the accredited health insurances in view of the supplementary health insurance. Furthermore, since the beginning of 2006, insurance intermediaries have been subject to supervision by the FOPI. In addition, the FOPI participates in the drafting of legislation and international agreements in the area of private insurance.
International Credit Insurance & Surety
International Credit Insurance & Surety has members located on all five continents. The International Credit Insurance & Surety Association (ICISA) brings together companies that write credit insurance and/or surety. ICISA was founded in 1928 as the first credit insurance association and its members now account for 95% of global credit insurance business. ICISA advises international and multinational authorities on vital issues related to the credit insurance and surety bond industry.