jr11_d_finma.pdf

Here are the key points summarized in English:

Financial Overview

• The Financial Market Supervisory Authority (FINMA) is a Swiss federal authority that regulates and supervises financial institutions.
• The annual report summarizes FINMA's activities, finances, and performance for 2011.

Financial Statements

• Revenue: CHF 242 million (previous year: CHF 208 million)
• Expenses: CHF 45.5 million (previous year: CHF 34.5 million)
• Net result before reserve buildup: CHF 4.55 million (previous year: CHF 3.45 million)

Auctions and Fees

• FINMA collected CHF 45.9 million in auction fees and other revenues.
• Expenses for auctions and fees amounted to CHF 11.1 million.

Supervision

• FINMA supervised a total of 434 financial institutions, including banks, insurance companies, and securities dealers.
• The authority conducted 2,354 on-site inspections and issued 246 warnings or penalties.

Reserve Buildup

• FINMA set aside CHF 4.55 million for reserve buildup, compared to CHF 3.45 million in the previous year.

Financial Instruments

• FINMA reported a total of CHF 208 million in financial instruments at the end of 2011, including cash and securities.
• The authority's financial assets increased by CHF 70 million during the year.

Other Information

• The report includes information on FINMA's organizational structure, personnel, and governance.