Brexit and a changing environment call for a resolute financial centre strategy

At their joint press conference today, the Association of Swiss Private Banks (ASPB) and the Association of Swiss Asset and Wealth Management Banks (VAV) have outlined how the Swiss financial centre must prepare the future, in an ever-more dynamic environment, alongside all important regulatory and political actors. The challenges for the export-oriented private banking sector are numerous. In particular, the Swiss legislative process needs to take into account the changes in international framework conditions.