The Swiss Financial Market Supervisory Authority, commonly known as FINMA, is the regulatory body responsible for overseeing Switzerland's financial markets. Established in 2007, it ensures the stability and integrity of the financial system by supervising banks, insurance companies, and stock exchanges. FINMA's primary goal is to protect investors and maintain confidence in the financial sector. FINMA operates independently and is accountable to the Federal Assembly of Switzerland. It enforces regulations, conducts audits, and takes action against financial misconduct. By fostering a transparent and secure financial environment, FINMA plays a crucial role in supporting Switzerland's reputation as a global financial hub.