Swiss Regulator Issues Strategies to Oversee Banks' Operations [Yahoo! Finance]
Bank of America Corporation (BAC)
Last bank of america corporation earnings: 4/15 06:45 am
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Source: Yahoo! Finance
The objectives outline the ways in which the FINMA will carry out its function. FINMA's objectives include strengthening oversight of the institutions it oversees, and helping them advance their governance and risk culture toward more stringent standards and distinct risk tolerance thresholds. FINMA intends to enhance Switzerland's financial system's stability by continuously developing supervisory instruments, procedures, and analysis to prevent and rectify irregularities, and ensure sound governance and robust risk management processes. As part of its supervision, FINMA will continue to place a high priority on supervised institutions' financial resilience. It will focus on how supervised institutions manage market, credit, liquidity and actuarial risks. The regulator will also ensure that institutions maintain adequate capital and liquidity to survive major financial shocks. FINMA will contribute to financial market regulation by advocating for effective supervision and ear
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BAC
Earnings
- 10/15/24 - Beat
BAC
Sec Filings
- 11/14/24 - Form FWP
- 11/14/24 - Form SC
- 11/14/24 - Form 13F-HR
- BAC's page on the SEC website