Latest Regulation news and updates from Switzerland. AI-curated articles covering Regulation topics.
Switzerland's Competition Commission (Weko) has opened a preliminary investigation into Google after the tech giant removed the 'Choice Screen' feature, which allowed users to select a default search engine when setting up a new Android device.
The Swiss Competition Commission (Weko) is examining Google's practice of setting its search engine as a non-optional default on certain mobile devices in Switzerland, following the removal of the 'Choice Screen' feature.
In a significant setback for the gig economy platform, Switzerland's Federal Administrative Court has ruled that Uber Eats must be registered as a postal services provider, subjecting it to federal regulations beyond simple food delivery.
Ahead of a global AI summit to be held in Geneva, Communications Minister Albert Rösti has positioned Switzerland as favoring a light-touch approach to regulation, emphasizing innovation and best-practice certification over extensive rules.
In the wake of the Credit Suisse collapse, Swiss Finance Minister Karin Keller-Sutter is standing firm on the necessity of full capital coverage for UBS's foreign subsidiaries to ensure global financial stability and prevent future crises.
Despite overall improvements, the Swiss financial regulator FINMA has identified ongoing weaknesses in risk analysis at financial institutions, especially concerning politically exposed persons, complex company structures, and cryptocurrency services.
A review by the Swiss Financial Market Supervisory Authority (FINMA) has found that despite improvements, Swiss financial institutions still have significant weaknesses in their risk analysis for money laundering, especially concerning politically exposed persons and crypto services.
In a striking assessment of public health policies, a new European ranking places Switzerland 36th out of 37 countries for its effectiveness in tobacco control, sparking debate over the nation's regulatory approach to smoking.
The Swiss government aims to curb advertising for unhealthy products to children under 13 through industry self-regulation, as recent data shows a stabilization in childhood obesity rates but persistent social inequalities.
The Federal Council has opened consultation on a controversial proposal to permit food products containing ingredients that exceed maximum levels for PFAS 'forever chemicals' through a blending process, a measure aimed at supporting farms.
The Swiss government is pushing for self-regulation to ban advertising of unhealthy products to children, a move that comes as a new study shows obesity rates are stabilizing but social inequalities remain stark.
More than a year after the historic takeover of Credit Suisse, UBS is in a standoff with the Swiss government over how much capital the megabank must hold to prevent a future crisis. The dispute highlights the challenge of regulating a bank that has 'outgrown a country'.
In a stark interview, UBS CEO Sergio Ermotti has claimed that excessive bureaucracy and a lack of innovation are causing Europe to decline economically compared to the US and Asia, suggesting only a profound crisis will force political change.
UBS CEO Sergio Ermotti has issued a stark warning that excessive regulation is stifling growth and innovation across Europe, causing the continent to fall behind the US and Asia, and that a major crisis may be needed to force political action.
Monaco's financial watchdog has fined UBS €6 million for numerous serious breaches in its controls against money laundering and terrorist financing between 2018 and 2023. The regulator cited an "overall failure" in the bank's compliance and internal control systems.
Monaco's financial watchdog has penalized UBS for significant breaches in its controls against money laundering and terrorist financing. The decision cited an 'overall failure' in the bank's compliance and internal control systems over a five-year period.
The European Commission has proposed an amendment to an upcoming EU regulation that would ban waste exports. The change would create a specific exception for EFTA nations like Switzerland, allowing EU municipalities to continue incinerating around 200,000 tonnes of rubbish in the country annually.
The Swiss Competition Commission (Comco) has launched two investigations into potential unlawful agreements between companies in the travel and online casino sectors regarding search engine advertising keywords.
As UBS reports a quarterly net profit of nearly $3 billion, Swiss Finance Minister Karin Keller-Sutter has openly accused the banking giant of applying undue pressure on parliamentarians to influence upcoming banking regulations, a rare public rebuke.
Swiss Finance Minister Karin Keller-Sutter has publicly criticized UBS for exerting undue pressure on parliamentarians regarding upcoming banking regulations, a move she describes as unusual and detrimental to Swiss institutions.
From trusted Swiss news outlets