2024-10-31

FINMA Circular 2025/3 Liquidity – insurers

FINMA issued Circular 2025/3 to establish comprehensive liquidity risk management requirements for Swiss insurers, insurance groups, and branches. The regulation mandates robust governance, forward-looking liquidity planning, and the maintenance of adequate liquidity reserves to ensure solvency under stress. Insurers must implement rigorous monitoring, conduct regular stress tests, and maintain a documented contingency funding plan while submitting annual reports to the regulator.

Switzerland

Swiss Financial Market Supervisory Authority

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