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Access to foreign markets is of strategic importance for ensuring the Swiss financial centre’s ability to remain competitive.
The preservation of a significant portion of added value and jobs in Switzerland also depends on the future success of the banks in Switzerland in asserting their position as one of the leading global financial centres. Autonomous action alone will not bring about the desired results for protecting market(s) access. In order to gain market access, political agreement must also be reached with the various partner states. Different measures should be taken simultaneously to this end, as a number of goals are likely attainable in the shorter-term, while others will require more time.
A Swiss bank services its foreign customers through a subsidiary and/or branch in the customer’s country of domicile.
Existing customers abroad are provided with standard services and/or if applicable, new customers are acquired abroad, but only on the customers’ own initiative..
Existing foreign customers are serviced and new customers are actively acquired out of Switzerland.
the financial sector belongs to the most strictly regulated branches of the national economy.See Details
The financial sector of the Swiss economy has a long tradition of self-regulation. Its advantages are a practical approach, flexibility and a high level of differentiation.Find Out More
Switzerland’s international competitiveness as a business location is decreasing...Full Details