Central Banks
SNB Should Distribute Profits Directly to Citizens, Study Says
- Central bank currently transfers profits to Swiss state
- Think tank aims to shield SNB from political influence
Photographer: Stefan Wermuth/Bloomberg
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The Swiss National Bank should distribute its profits directly among citizens in order to take politics out of the decision of how much it hands out, a Swiss pro-market think tank said.
This would be the most efficient way to isolate from special interest the question on how much cash should be retained to bolster equity, researchers Stefan Legge, Fabian Schnell and Jürg Müller of Zurich-based Avenir Suisse argued in a paper published on Tuesday.