The Swiss Times - Swiss News in English

Parliamentary Investigation Commission (PUK) on the Credit Suisse (CS)

The Parliamentary Investigation Commission (PUK) on the CS Notfusion will inform the media in the Journalists Room (Room 1) of the Parliament Building in Bern at 17.30 today Thursday about the start of their work. Keystone-SDA will cover the MK. The Parliamentary Investigation Commission (PUK) on the CS Notfusion has been established to investigate the circumstances surrounding the merger of Credit Suisse and UBS. The Commission will be chaired by the Swiss Parliamentarian, Thomas Minder, and will be composed of seven members from the Swiss Parliament. The Commission will investigate the circumstances leading up to the merger, the impact of the merger on the Swiss banking sector, and the potential implications of the merger for the Swiss economy. The Commission will also examine the role of the Swiss government in the merger process and the potential conflicts of interest that may have arisen. The Commission will hold public hearings and will invite representatives from the banking sector, the government, and other stakeholders to testify. The Commission will also review documents and other evidence related to the merger. The Commission's findings and recommendations will be presented to the Swiss Parliament in a report. The report will be made public and will be used to inform future policy decisions related to the banking sector.

©Keystone/SDA

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