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The fourth Lugano Banking Day highlighted the importance of cultivating framework conditions for businesses and citizens, focusing on taxation, human resources, and technology. Economist Sara Carnazzi Weber discussed recent tax reforms in Canton Ticino aimed at improving competitiveness, while concerns about high tax rates for wealthy individuals and the impact of geopolitical changes were raised by various speakers. The event also addressed the demographic crisis and the need for vocational training to tackle scarce human resources.
Economiesuisse expresses cautious support for the Federal Council's treaty package with the EU, emphasizing the need for international coordination to maintain the competitiveness of the financial center. The organization opposes further tightening of capital requirements for UBS, arguing that it could hinder the bank's international competitiveness. Concerns about the implementation of Basel III regulations highlight the challenges of achieving effective international banking regulation.
Economiesuisse advocates for a balanced approach to banking regulation, emphasizing that UBS should not face burdensome conditions that could hinder its international competitiveness. The organization highlights the need for a strong UBS to support Switzerland's export industry and calls for necessary revisions to existing regulations, focusing on effective management and cooperation among authorities.
Monika Rühl
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Ticino Banking Day Focuses on Taxation and Economic Framework for Growth
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22:46 31.03.2025
economiesuisse cautiously supports federal council's eu treaty package and banking regulation
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Economiesuisse advocates for balanced banking regulations to support UBS competitiveness
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