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Swiss under IMF scrutiny

By Samantha Keen
Mon 02 Apr 2007

The IMF has called on the Swiss Government to centralise regulation of Swiss pension funds.


The International Monetary Fund (IMF) has called on the Swiss Government to centralise regulation of Swiss pension funds.

The IMF said centralisation would be an effective way of improving the current system.

It said in a new report on Switzerland that moving toward a centralised approach could provide benefits, including economies of scale and uniform supervision and enforcement.

The authorities should also consider introducing risk-based funding requirements and strengthening integrity regulations, it added.

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