Skip to main content

Legal Update

Summary of Government Interventions in Financial Markets - Switzerland

September 2009
Mayer Brown Legal Update
Since October 2008, the Swiss National Bank (“SNB”) has injected capital into UBS; has put in place a number of swap facilities to ensure CHF liquidity; has extended its guarantee of deposits, has announced plans to adopt a “quantitative easing” approach to monetary policy by buying up issued bonds; and has decreased its short-term interest rates to between zero and 0.75 per cent. (as of 12 March 2009), all in order to increase liquidity and to limit the risks of rapid deflation and inflation.
The Build a Report feature requires the use of cookies to function properly. Cookies are small text files that are placed on your computer by websites that you visit. They are widely used in order to make websites work, or work more efficiently. If you do not accept cookies, this function will not work. For more information please see our Privacy Policy

You have no pages selected. Please select pages to email then resubmit.