UBS has faced criticism from the Swiss Financial Market Supervisory Authority (Finma) regarding its emergency plans following the acquisition of Credit Suisse.

Finma has instructed UBS to revise these plans to ensure an orderly wind-down in the event of a crisis, taking into account the bank's increased size.

UBS has been given until the end of 2026 to implement these updates, with Finma closely monitoring the progress.

International regulatory bodies, including the US Federal Reserve and the Bank of England, have also expressed concerns.

The US Federal Reserve is advocating for stricter capital requirements for UBS, while the Bank of England is calling for detailed contingency plans for the separation of UBS's Swiss operations in a crisis.

These demands are adding pressure on the bank to develop robust global solutions.

The revision of the emergency plans is expected to come with significant costs, estimated to be in the hundreds of millions of francs, which could impact UBS's profitability and dividend policy.

UBS, however, has taken a cooperative stance and sees the review as an opportunity to enhance its resilience while meeting the requirements of authorities, investors, and clients.