Integrated Risk Expertise division

The sections within the Integrated Risk Expertise division and the cross-divisional processes and services for which they are responsible are described below.

Analysis and Instruments

The Analysis and Instruments section is FINMA’s methodological competence centre for data-driven analyses and reporting. It develops and operates risk and market analysis tools, provides data and decision-making materials for supervision and ensures a consistent basis for evaluation. By continuously developing its methods and using innovative technologies (Data Innovation Lab), the section strengthens the analytical basis for supervision and helps identify relevant developments on the financial markets at an early stage.

Financial Risks

The Financial Risks section houses cross-divisional competence centres for credit, market, liquidity, capital and equity risks, including stress testing and insurance risks. There are also competence centres for accounting and sustainable finance. The section supports the supervisory areas and provides expertise for carrying out on-site supervisory reviews. It is also responsible for checking and monitoring capital and liquidity models requiring authorisation, for developing, maintaining and operating SST standard models, for recognising rating agencies, for carrying out regulatory stress tests, for updating FINMA’s financial reporting rules for banks and taking the lead on nature-related financial risks.

Non-financial Risks and Operational Resilience

The Non-financial Risks and Operational Resilience section is responsible for benchmarking, cross-divisional analyses, formulating and developing a uniform supervisory methodology and ensuring uniformity (“unité de doctrine”) in the relevant risk taxonomies. This includes corporate governance, risk culture, preventing money laundering, sanctions, suitability, artificial intelligence, operational risks, cyber and IT risks and operational resilience. The section supports the supervisory areas and provides expertise for carrying out on-site supervisory reviews.

On-site Supervisory Reviews, Quality Control and Auditing

The On-site Site Supervisory Reviews, Quality Control and Auditing section is responsible for planning, coordinating and carrying out all of FINMA’s on-site reviews of supervised institutions. It ensures that processes, governance and the documentation and quality requirements are adhered to during on-site supervisory reviews. To this end, it prepares regular reports for internal and external purposes and monitors the planning, status and results of all on-site supervisory reviews.

The section also coordinates auditing issues within FINMA and cooperates with the Federal Audit Oversight Authority.