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Switzerland's financial regulator, Finma, is considering a phased introduction of higher capital requirements for UBS, which could increase its capital needs by up to $25 billion. CEO Stefan Walter emphasized the importance of a gradual approach to avoid pro-cyclicality, while also asserting that the treatment of foreign units remains stringent. The proposed capital rules will be presented to Swiss lawmakers by May, with potential implementation not expected until 2028, allowing UBS time to build capital without significantly affecting shareholder distributions.
Switzerland's financial regulator, Finma, is open to phasing in higher capital requirements for UBS Group AG over several years, despite UBS's concerns about competitiveness. CEO Stefan Walter emphasized the need for full capital backing for foreign units, which could increase UBS's requirements by $25 billion. The proposed legislation will be presented to Swiss lawmakers by May, with potential implementation by 2028, allowing UBS time to build capital without significantly affecting shareholder distributions.
Levin Stamm
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swiss regulator signals phased capital requirements for ub s amid strict reforms
United States Dollar
UBS Group AG
Royal Bank of Canada
Credit Suisse Strategic Income I
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Levin Stamm
Stefan Walter
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07:34 19.03.2025
swiss regulator signals phased capital requirements for UBS amid global reforms
07:13 19.03.2025
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