Swiss central bank defends board structure
Assume-tank instructed governing board was “vulnerable to group assume” in April report
The Swiss Nationwide Financial institution has defended its governing board after an April 2022 NGO report criticised it for missing differing factors of view.
SNB spokesperson Claudia Aebersold Szalay, instructed Central Banking on June 3 that “the organisational set-up has proved its price” by “fostering intensive and environment friendly discussions and permitting for fast decision-making”. The SNB’s response echoed feedback it made after the SNB Observatory, an impartial think-tank, first launched its report.
The think-tank
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