The Swiss Financial Market Supervisory Authority (FINMA) concluded significantly more proceedings against financial institutions and individuals last year. +Get the most important news from Switzerland in your inbox Once again, it carried out numerous inspections at banks and insurance companies. The volatile environment intensified in 2025 and led to increased financial and non-financial risks, FINMA announced at its annual media conference on Tuesday. It therefore focussed on the early identification of risks among the parties involved. Specifically, the authority carried out 113 on-site inspections at banks, 43 at insurance companies and 20 in the area of asset management, with the number being roughly in line with the previous year. The majority of the inspections were carried out at the larger financial institutions. The focus remained on the major bank UBS, where FINMA carried out a total of 42 on-site inspections. More enforcement proceedings The number of enforcement …