"Banking regulation and supervision should be reviewed in light of recent developments. This will require in-depth analysis. It is necessary to avoid quick decisions, "RIA Novosti quoted him as saying.
According to Jordan, it is necessary at the legislative level to oblige credit institutions "to keep a sufficient number of assets that they can pledge or transfer at any time without restrictions." In addition, it is assumed that banks will be able to present these assets as collateral for existing liquidity mechanisms.
At the end of March, the Swiss government approved a 109 billion Swiss franc ($118 billion) bailout plan to allow UBS to buy out Credit Suisse.
It is noted that the government's assistance consists in the allocation of two urgent mandatory loans to UBS.
The Budget Committee of the United States Senate published data according to which the Swiss bank Credit Suisse serviced the accounts of high-ranking Nazi officials until 2020.