Swiss Senate Demands Stricter Capital Rules for Systemic Banks

Following Credit Suisse crisis inquiry, parliament pushes for tougher regulations on systemically important banks' capital requirements.

Swiss Senate adopted a motion for stricter rules for systemically important banks
The motion follows findings from Parliamentary Inquiry Commission (PUK) on Credit Suisse crisis
UBS, Zürcher Kantonalbank, Raiffeisen and Postfinance are considered systemically important in Switzerland
Finma had granted Credit Suisse extensive capital requirement relief since 2017

Total motions tabled by PUK on Credit Suisse crisis

"This 'regulatory filter' had obscured the real situation of Credit Suisse"
— PUK Report

Senate Pushes for Tighter Banking Regulations

Swiss Senate adopted a motion for stricter rules for systemically important banks
The motion follows findings from Parliamentary Inquiry Commission (PUK) on Credit Suisse crisis
UBS, Zürcher Kantonalbank, Raiffeisen and Postfinance are considered systemically important in Switzerland
Finma had granted Credit Suisse extensive capital requirement relief since 2017

Total motions tabled by PUK on Credit Suisse crisis

"This 'regulatory filter' had obscured the real situation of Credit Suisse"
— PUK Report