The Association of Foreign Banks in Switzerland August 2015
Foreign Banks in Switzerland and Their Association
Foreign Banks in Switzerland: Facts and Figures 118 foreign banks Origin - Europe: 78; USA and Canada: 12; Asia: 16; others: 12
Locations - Zurich: 59, 59 Geneva: 39; Lugano: 11; others: 9 - own subsidiaries and branches in Switzerland and abroad
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Foreign Banks in Switzerland and Their Association
120000
600
100000
500
80000
400
60000
300
40000
200
20000
100
Number off banks
Emplo oyment
Number of Banks and of Employees (2005-2014)
0
0 2005
06
07
08
09
Foreign Banks Big Banks Private Bankers and Wealth Management Banks Number of Foreign Banks
10
11
12
13
14
Cantonal Banks Regional-, Raiffeisen and Other Banks Number of Banks
Source: Swiss National Bank
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Foreign Banks in Switzerland and Their Association
Contribution to the Swiss Economy 2014
42% of all banks 11% gross profit of all banks 17% domestic employees of all banks 17% tax paid by all banks Appr. 1.1% GDP of Switzerland
Source: Association of Foreign Banks in Switzerland
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Foreign Banks in Switzerland and Their Association
Banks' Activities
Private Banking Fund management / distribution Trade Finance Corporate Finance Retail Banking
Source: Association of Foreign Banks in Switzerland
(79) (71) (19) (55) (32)
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Foreign Banks in Switzerland and Their Association
Links www.snb.ch \ Data and Statistics: The Swiss National Bank collects statistical data on the banks in Switzerland and publishes them according to banking groups. www.finma.ch: www finma ch: The Swiss Financial Market Supervisory Authority FINMA. FINMA www.swissbanking.org/en \ Publications: The brochure "The Swiss Banking Sector" of the Swiss Bankers' Association contains information on the Swiss financial centre. www.esisuisse.ch: Swiss S banks' depositor insurance. www.agv.ch: The bank industry’s employer association. p Switzerland's www.sif.admin.ch: The Secretariat for International Finance SIF upholds interests in international financial, tax and monetary matters. www.sfi.ch: The Swiss Finance Institute assures research and training in finance. www.sfama.ch: www sfama ch: The Swiss Funds and Asset Management Association. Association August 2015
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Foreign Banks in Switzerland and Their Association
Association of Foreign Banks in Switzerland Activities of the Association - Representation of interests - Information - Public Affairs
121 Members -
Swiss bank with foreign shareholder (85) Swiss branch of a foreign bank (19) S Securities iti dealer, d l fund f d firm, fi etc. t (9) Observer (8)
Founded in 1972 August 2015
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Foreign Banks in Switzerland and Their Association
www.foreignbanks.ch
AFBS News: five times a year in four languages to all interested parties AFBS Info: topical info sent to members Statistical data on the member banks Statistical data on the foreign banks Who is Who in the Association (Names and Portraits) Articles and Publications Programme of Activities
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Foreign Banks in Switzerland and Their Association
Interest Representation Official representation - Swiss Financial Market Supervisory Authority FINMA, the Swiss National Bank and th Federal the F d l Government G t - Swiss Bankers' Association, SIX and SFI
Public Affairs -
Press Contacts Contacts with Federal government, Parliament and cantonal authorities Articles and interviews Contacts with foreign national and European industry associations and international organisations
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Foreign Banks in Switzerland and Their Association
Information AFBS News: five times a year in four languages to all interested parties AFBSecure for members only AFBS Info - Legal&Compliance, Tax, Funds&Asset Management, Financial Market Regulation & Accounting Products&Operations, Accounting, Products&Operations Human Resources & Training and on ongoing discussions on new legislation and regulation
AFBS Topics - Topical information on various issues - MOFAQs: Most Frequently Asked Question - Regulatory g y Checklist August 2015
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Foreign Banks in Switzerland and Their Association
Events AFBS Working Groups / Discussion Groups - Legal&Compliance, Funds&Asset Management, HR (Zurich), Trade Finance (Geneva), O t h i Ostschweizer T Treffen, ff AFBS Lugano L G Group, KMB (M (Meeting ti off CEOs CEO off smallll and d medium-sized banks, Zurich)
AFBS Conferences - Regular events on regulatory and strategic issues - in Geneva, Lugano and Zurich
AFBS Roundtables - Meetings and Seminars on particular subjects - Depending on interests and suggestions of member banks - in Geneva, Lugano and Zurich August 2015
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Foreign Banks in Switzerland and Their Association
How the Association is organised: in words … Member banks - mostly also affiliated to the Swiss Bankers' Association
Board - reflects the group's diversity: country of origin, Swiss financial centres, size of bank - rotation
Secretariat (3 persons) g Groups of Representation in Commissions and Working the Swiss Bankers' Association - employees of foreign banks or the Secretariat
AFBS Groups (working groups on actual topics) August 2015
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Foreign Banks in Switzerland and Their Association
… and graphs SBA SFAMA
AFBS
Foreign Banks
B d Board
Board SBA/SFAMA
Working Groups
Commisions
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Foreign Banks in Switzerland and Their Association
AFBS Board Definition of strategy and policy of the Association Representation of the foreign banks in the Swiss Bankers' Association Discussion with partners of the Swiss Financial Market Supervisory Authority FINMA and the Swiss National Bank Election El ti off representatives t ti i diff in differentt Commissions C i i and d Working W ki g Groups G
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Foreign Banks in Switzerland and Their Association
Commissions and Committees Representation of the foreign banks in commissions and committees of the Swiss Bankers' Association Information of the Board, the internal Working Groups and the members - directly - via the Secretariat - in information events
Representation of the foreign banks vis-à-vis the FINMA, the Swiss National B k and Bank d the h S Swiss i Government G Channelling of issues of interest into the relevant fora
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Foreign Banks in Switzerland and Their Association
The Secretariat – For Your Contact Association of Foreign Banks in Switzerland Usteristrasse 23, 8001 Zurich +41 44 224 4070 +41 44 221 0029
[email protected] www foreignbanks ch www.foreignbanks.ch
