The Swiss National Bank has defended its governing board after an April 2022 NGO report criticised it for lacking differing points of view.

SNB spokesperson Claudia Aebersold Szalay, told Central Banking on June 3 that “the organisational set-up has proved its worth” by “fostering intensive and efficient discussions and allowing for quick decision-making”. The SNB’s response echoed comments it made after the SNB Observatory, an independent think-tank, first released its report.

The think-tank