At a recent Bloomberg event in Zurich, Karin Keller-Sutter, Switzerland's Finance Minister, emphasized that the country's regulatory reforms were focused on building trust in its financial system and cementing its place as a world leader.
"We have to find a balance between competitiveness on the one and the protection of the economy on the other side," Keller-Sutter said. "The government is really committed to having a competitive financial center." The statement came just weeks ahead of the final report of the Swiss Parliament's inquiry into the collapse and rescue of Credit Suisse.
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