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By enacting emergency legislation to allow UBS to take over Credit Suisse, the central tenet of Swiss monetary policy has been undermined and the independence of the SNB compromised, says a Swiss economic think tank.

Laurenz grabherAvenir suisseJuerg muellerLukas schmidCredit suisseSwiss federal councilSwiss national bankFederal councilEmergency liquidity assistance plusEderal countilCredit suisse