Finance
Swiss lower house rejects plan to submit all UBS capital rules to parliament
Published by Global Banking and Finance Review
Posted on September 8, 2025
2 min readLast updated: January 22, 2026
Global Banking and Finance Review
Company
Published by Global Banking and Finance Review
Posted on September 8, 2025
2 min readLast updated: January 22, 2026
Swiss lawmakers rejected a proposal for parliamentary control over UBS capital rules, potentially enforcing stricter asset valuations by 2027.
BERN (Reuters) -Swiss lawmakers on Monday rejected a proposal to give parliament the power to shape incoming banking regulation in its entirety, reducing the likelihood that some new capital rules for UBS are delayed.
The decision by the lower house means that stricter valuation requirements for assets like software or deferred tax assets may come into force in 2027, as initially planned.
Parliament's upper chamber still has to debate the same issue next week, which could send the proposal back to the lower house later in the year.
Earlier this year, parliamentary committees had backed the idea of turning over all the regulation to federal lawmakers.
The government in June presented a long-awaited plan to tighten Swiss banking rules following the 2023 collapse of Credit Suisse, which was subsequently acquired by UBS.
The plan foresees UBS needing to find up to $26 billion in additional core capital to ward against potential crises.
It envisaged that rules in the package to be issued directly by the government, without parliamentary consultation, could account for around $3 billion of the total.
UBS has criticised the new capital proposals, arguing they are not proportionate and risk putting the bank at a disadvantage against international competitors.
(Reporting by Ariane LuthiEditing by Dave Graham)
The Swiss lower house rejected a proposal to give parliament the power to shape incoming banking regulation in its entirety.
The rejection means that stricter valuation requirements for assets may come into force in 2027, as initially planned.
The government's plan requires UBS to find up to $26 billion in additional core capital to prepare for potential crises.
UBS has criticized the new capital proposals, stating that they are not proportionate and could disadvantage the bank against international competitors.
The upper chamber of parliament will debate the issue next week, which could potentially send the proposal back to the lower house later in the year.
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