Swiss Parliament Delays UBS Capital Rules August

Swiss lawmakers postponed the vote on new UBS capital rules, extending regulatory uncertainty until at least August.
The Economic Affairs and Taxation Committee will continue debating the bill in August, making a full upper‑chamber vote unlikely before September.
Government proposes UBS fully back foreign units with CET1 capital, while a compromise may permit partial use of cheaper AT1 capital.
The move follows tighter Swiss banking regulation after Credit Suisse’s 2023 collapse, with Finance Minister Karin Keller‑Sutter leading the overhaul.