26 settembre 2025|
AI
|2 months agoUBS Challenges New Swiss Capital Requirements
Switzerland's largest bank protests proposed seven-year timeline for increased capital backing of foreign subsidiaries
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Generated IllustrationKey Takeaways
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- The Swiss government has formally proposed a seven-year timeline for UBS to fully comply with higher capital requirements.
- New regulations require full capital backing for foreign subsidiaries, starting at 65% and rising by 5 percentage points annually until reaching 100%.
- The proposed changes could increase UBS's capital demands by an estimated $26 billion.
- The law is not expected to enter force before 2028, meaning full compliance would not be required before 2035.
- UBS is considering moving its headquarters to the US to mitigate these regulatory impacts.
By The Numbers
$26 billion
Estimated increase in capital demands
50%
Higher capital requirements vs. global peers
100%
Target capital backing for foreign subsidiaries
7 years
Compliance timeline
They Said
"We strongly disagree with the proposed increase in capital requirements, which is excessive, misaligned with international practices and does not fully account for the lessons learned from the collapse of Credit Suisse."
"The de-facto minimum CET1 ratio requirements for UBS would be at least 50% higher than the average across global systemically important banks."
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UBS Slams 'Excessive' $26 Billion Demand
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The Seven-Year Squeeze
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Out of Step with Global Standards
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