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It is therefore important and correct to learn the right lessons from the Credit Suisse crisis. The bankâs downfall was years in the making and was in no way caused by a systemic failure, resulting instead from a lack of confidence in Credit Suisse management. The Swiss banking industry, meanwhile, has remained exceptionally robust overall. <br><br>This is the background against which the measures put forward by the Federal Council in its report must be viewed. While some of the measures will help to promote stability and competitiveness, others actually put those assets at risk, for example by violating fundamental principles in certain areas. After careful consideration, a range of potential measures needs to be selected for appraisal with a view to targeted and measured implementation, having regard to the bigger picture. </p></div></div></div></div><div class="container"><div class="row"><div class="col-12 col-lg-10 offset-lg-1"><div class="content--image w-100"><figure>
8<div class="img-ari--responsive" data-ari-params="{'id':'50a1e865-6507-4bdc-9dfa-02a1fdb28016','name':'iStock-914158426.jpg','title':'','alt':'','hash':'7ab45d7bf912a0e8a5959760b7b3403a1019c5b6','maxwidth':'4288','originalwidth':'4288','originalheight':'2848'}" style="padding-bottom: 66.417910447761%"></div></figure></div></div></div></div><div class="container"><div class="content__quote"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><div class="content__quote--inner grey"><div class="content__quote--author"><p style="text-align:justify;">Swiss banks make a vital contribution to Switzerlandâs economy and to the prosperity of its population. A regulatory framework that is competitive internationally is key to ensuring that it can continue to do so. The factors that destroyed Credit Suisseâs reputation and confidence in the bank over a long period, ultimately leading to its demise, are now largely understood. Obvious gaps in the existing regulatory framework can be closed with targeted measures. Credit Suisse was a global systemically important bank; the intervention by UBS and the authorities ensured that its demise did not have global repercussions. The following criteria are key with regard to potential measures:</p><ul><li style="text-align:justify;">Proportionality: It is essential for the solution to match the problem in each case, meaning that measures must be geared in particular to a bankâs size, complexity, business model and risk profile and must also take account of its legal form (including its ownership structure and the personal liability of partners) and any legislative mandates. For that reason, we see absolutely no need for additional requirements in respect of the vast majority of institutions.</li><li style="text-align:justify;">The robustness of the sector as a whole should also be meaningfully improved so that it is better able to absorb external shocks. Attention must be paid in this respect to maintaining and strengthening Switzerlandâs international competitiveness. In our view, the main priorities are further expanding the provision of liquidity to the banking system by the Swiss National Bank (SNB), introducing a public liquidity backstop, implementing changes in the areas of remuneration and responsibility, and improving the supervisory activities of the Swiss Financial Market Supervisory Authority FINMA.</li><li style="text-align:justify;">However, we believe that the existing capital requirements for systemically important banks are sufficient and see no need for stricter measures across the board. The Swiss requirements are in line with or more stringent than international standards â even more so following the early implementation of âBasel III Finalâ. </li></ul></div></div></div></div></div></div><div class="wrapper__accordiongroup" data-accordiongroup="1"><div class="container"><div class="row"><div class="col-12 col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><h3>We believe the following overarching principles to be central:</h3></div></div></div><div class="neos-contentcollection"><div class="wrapper__accordion--item" data-accordion="1" data-accordion-editing="0" data-nowrapping><div class="accordion__header" data-accordion-header="1">Proportionality and appropriateness </div><div class="accordion__content" data-accordion-content="1"><div class="neos-contentcollection"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p style="text-align:justify;">The principle of proportionality plays a key role for all of the measures under discussion and means that each must be clearly necessary for and ideally suited to resolving a specific problem and that its âadded valueâ must clearly justify its cost. Proportionality does not begin with differentiated regulation for various categories or types of bank â disproportionate regulation must of course be avoided for the financial centre as a whole.</p><p style="text-align:justify;">Proportionality is especially important in view of the highly diverse nature of the Swiss banking industry. Using the self-inflicted downfall of a single bank as a pretext for a wide-ranging wave of regulation would be unnecessary and wholly unreasonable. We therefore see no need for action or new requirements as regards the overwhelming majority of banks and call for the measures to be restricted to further strengthening financial stability and to be implemented in an appropriate and proportionate manner.</p><p style="text-align:justify;">The extent to which the term âproportionalityâ needs to be clarified in the context of specific measures or topics over and above a standard definition depends on how the individual measures are designed, so there must be further room for manoeuvre in this respect.</p></div></div></div></div></div></div><div class="wrapper__accordion--item" data-accordion="1" data-accordion-editing="
80" data-nowrapping><div class="accordion__header" data-accordion-header="1">Aggregate view and impact assessment</div><div class="accordion__content" data-accordion-content="1"><div class="neos-contentcollection"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p style="text-align:justify;">No systematic assessment or meaningful cost/benefit analysis of the planned measures has yet been conducted. The individual measures form a complete package, and this must also be assessed with regard to its overall impact in terms of system stability and cost.</p><p style="text-align:justify;">Our criticism of the lack of an aggregate impact assessment specifically concerns (but is not limited to) the area of capital requirements, where any âSwiss finishâ that goes beyond international standards is to be avoided. The study commissioned by the Federal Council from the consulting firm Alvarez & Marsal looks at the consequences of the proposed capital measures and concludes that the Swiss economy would have to expect significant additional costs in the form of lower tax revenues, job losses and reductions in both lending volume and economic activity. Given the potential repercussions and costs for various market participants and the economy as a whole, the lack of an overall assessment of the expected economic effects is baffling.</p><p style="text-align:justify;">We therefore see it as vital for an appropriate, holistic view or a systematic regulatory impact assessment to be presented before any changes at ordinance level are adopted. All measures must be assessed both in their own right and with regard to how they interact, and it must be verified that they are needed for the stability of the financial centre, appropriate and above all proportionate.</p></div></div></div></div></div></div><div class="wrapper__accordion--item" data-accordion="1" data-accordion-editing="0" data-nowrapping><div class="accordion__header" data-accordion-header="1">No unnecessary powers for FINMA </div><div class="accordion__content" data-accordion-content="1"><div class="neos-contentcollection"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p style="text-align:justify;">The Parliamentary Investigation Committeeâs report of December 2024 made it clear that FINMA did not make full use of its existing powers during the Credit Suisse crisis. It is wrong to deduce from this that the supervisory authority did not have a sufficient legal basis to intervene. It is essential to bear this in mind when deciding to extend FINMAâs existing powers or give it new ones, and the question of why it did not exhaust its powers in the Credit Suisse crisis must be meticulously addressed before any such decisions are made. This crucial step has not yet been taken.</p><p style="text-align:justify;">There can be no doubt that a strong supervisory authority is in the Swiss financial centreâs interest. However, we view certain measures, such as giving FINMA the power to impose fines, as problematic from a rule-of-law perspective and not expedient in the absence of an evaluation of the need for them. Other measures, such as informing the public in detail about investigations and the opening of proceedings as well as early intervention powers, even have the potential to be counterproductive.</p><p style="text-align:justify;">How all of these measures would affect supervision in practice must ultimately be borne in mind. Many of the measures would result in broader and above all more formal proceedings. This would hardly make FINMA more effective, instead leading to protracted proceedings that prove costly for all involved.</p></div></div></div></div></div></div></div></div><div class="wrapper__accordiongroup" data-accordiongroup="1"><div class="container"><div class="row"><div class="col-12 col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><h3>Our positions on selected issues are as follows:</h3></div></div></div><div class="neos-contentcollection"><div class="wrapper__accordion--item" data-accordion="1" data-accordion-editing="
80" data-nowrapping><div class="accordion__header" data-accordion-header="1">Liquidity provision and the public liquidity backstop (PLB) </div><div class="accordion__content" data-accordion-content="1"><div class="neos-contentcollection"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p style="text-align:justify;">The crisis surrounding Credit Suisse has demonstrated the importance of robust, optimally broad-based arrangements to secure liquidity. One element of this is sound liquidity management within banks. Another is that all solvent banks, provided they meet certain conditions, should be able to receive fast and flexible liquidity assistance from the SNB against readily available and transferable collateral, in particular when they are no longer able to refinance their operations on the market. Liquidity provision in this form does not require a state guarantee, makes a vital contribution to safeguarding system stability, and thereby significantly reduces the risks to the nation as a whole. Thirdly, Switzerland should have a PLB available to support the restructuring of a systemically important bank, in the interest of system stability. </p><p style="text-align:justify;">The Swiss Bankers Association (SBA) therefore supports the Federal Councilâs recommendation to introduce a PLB for systemically important institutions as it complements the existing tools to preserve system stability. Similar instruments are already in place in comparable financial centres, are part of the standard toolkit available internationally, and are recommended by the Financial Stability Board (FSB). Since the PLB is protected by an extensive bankruptcy privilege for the SNB, there is no automatic entitlement to it, and substantial interest and premiums would have to be paid to the federal government by any institution benefiting from it, we see no logical justification for additional lump-sum compensation. </p></div></div></div></div></div></div><div class="wrapper__accordion--item" data-accordion="1" data-accordion-editing="0" data-nowrapping><div class="accordion__header" data-accordion-header="1">Capital requirements </div><div class="accordion__content" data-accordion-content="1"><div class="neos-contentcollection"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p style="text-align:justify;">The Swiss capital requirements for systemically important banks, while aligned with international standards, are already strict in comparison with rival financial centres â even more so following the early introduction of âBasel III Finalâ in 2025. In particular, they are far more rigorous that other countriesâ regulations with regard to the leverage ratio. </p><p style="text-align:justify;">Adequate capital underpinning strengthens the loss-absorbing capacity, reduces the risk of bank runs in cases of this kind and provides a more solid basis for resolution or turnaround measures. A solid capital base is thus essential in creating trust, providing a buffer and buying time for crisis management. However, it can never offer total crisis protection, especially if the business model is not sustainable and risk management is insufficiently robust. </p><p style="text-align:justify;">From a macroeconomic perspective, it should also be borne in mind that substantial increases in capital requirements have a tangible impact on the real economy. They could unintentionally lead to a credit crunch by reducing lending volumes and/or increasing costs. </p><p style="text-align:justify;">A significant, across-the-board increase in capital requirements therefore offers no macroeconomic benefits, especially since it fails to address the causes of the crisis in question. It represents a form of âSwiss finishâ that curtails the banksâ macroeconomic role, with the concomitant impact on lending in the economy and thus the prosperity of all. It could also result in some of the banksâ business moving to unregulated industries, further exacerbating systemic risks. </p><p style="text-align:justify;">Any proposals for measures in this area will have to be assessed with care. It is therefore vital to view all such measures together.</p></div></div></div></div></div></div><div class="wrapper__accordion--item" data-accordion="1" data-accordion-editing="
80" data-nowrapping><div class="accordion__header" data-accordion-header="1">Remuneration and responsibility </div><div class="accordion__content" data-accordion-content="1"><div class="neos-contentcollection"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p style="text-align:justify;">It is crucial to a bankâs risk management that the responsibilities of decision-makers be clearly defined and their remuneration aligned with the risk policy, the bankâs long-term performance and compliance with codes of conduct. We therefore support targeted amendments in the areas of corporate governance, responsibility and remuneration, subject to compliance with the overarching principles set out above. <a target="_blank" rel="noopener external" href="https://www.finma.ch/en/~/media/finma/dokumente/rundschreiben-archiv/2010/rs-10-01/rs-10-01-letzte-aenderung-20160922.pdf?sc_lang=en&hash=29757D8D75161771757A5A4821FE4928">FINMA Circular 2010/1 âRemuneration schemesâ</a> already outlines the key principles of a sustainable remuneration policy. To add greater weight to the circularâs content and make it more binding, we support the strengthening of certain legal bases for remuneration systems. As a complement to the existing proper business conduct requirements, we also favour the introduction of a lean, proportionate and pragmatic accountability framework (âsenior managers regimeâ). This regime should be effective but balanced, lean and practically oriented; those with responsibility should be identified as is appropriate to the individual bankâs size, complexity, risk profile and business model (including its legal form, ownership structure, the personal liability of partners and any legislative mandates), and their specific responsibilities documented. For that reason, we see absolutely no reason for additional requirements in respect of the vast majority of institutions. </p></div></div></div></div></div></div><div class="wrapper__accordion--item" data-accordion="1" data-accordion-editing="0" data-nowrapping><div class="accordion__header" data-accordion-header="1">Supervision and resolution</div><div class="accordion__content" data-accordion-content="1"><div class="neos-contentcollection"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p style="text-align:justify;">Effective banking supervision results from a combination of legal bases and specialist expertise with a measured and bold approach to implementation. Merely expanding or tightening up the law will not make up for any shortcomings in the other three areas. Efficient collaboration between the Federal Department of Finance (FDF), the Swiss National Bank (SNB) and the supervisory authority (FINMA) is key. The Parliamentary Investigation Committee worked to establish how far this was the case during the Credit Suisse crisis. </p><p style="text-align:justify;">The supervisory authorityâs approaches to recovery and resolution in particular must be analysed and updated as necessary. For example, an increased focus on the practical feasibility of recovery and resolution plans in various crisis scenarios is something worth considering. </p></div></div></div></div></div></div></div></div><div class="container"><div class="content__text"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><p><strong>Conclusion</strong></p><p>Firstly, the measures â particularly those concerning capital adequacy â must be assessed in their entirety and must not needlessly restrict competitiveness. Secondly, when considering additional powers and resources for FINMA, ideas on expanding the power to impose fines, early intervention by FINMA at banks, the abolition of legal remedies and the use of audit firms, critical scrutiny is required. Likewise, FINMAâs demand that it should be allowed to publish enforcement proceedings needs to be carefully examined in order to explain why the existing business conduct requirement and the interventions and means of communication it entails are not enough. Thirdly, certain ideas concerning accountability and cost/benefit ratios are potentially much too far-reaching, especially those on strengthening recovery and resolution planning for parent banks. Fourthly, no specific requirements should be introduced for matters where the cause is unrelated, such as those concerning the provision of liquidity information. </p><p style="text-align:justify;">The SBA supports targeted measures that demonstrably improve system stability, can be proven to be pertinent to the Credit Suisse crisis and have a reasonable cost/benefit ratio. At the same time, fundamental regulatory and rule-of-law principles, as well as proportionality, must be safeguarded. </p><p style="text-align:justify;">All measures must also be evaluated in their entirety. Different timings for different measures cannot be agreed until it is clear which of them are to be implemented and in what form. </p><p style="text-align:justify;">As the umbrella organisation of banks in Switzerland, the SBA argues for open and fact-based debate. It is committed to maintaining proportionality, competitiveness and stability, and will continue to contribute constructively to work on evaluating the regulatory framework. </p></div></div></div></div><div class="content__assetList"><div class="container"><div class="row"><div class="col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><h2>Links & Documents</h2><div class="neos-contentcollection"><div class="content__assetList--element content__assetList--link"><a target="_blank" href="https://www.swissbanking.ch/_Resources/Persistent/b/2/6/7/b2673ae28616deb7c0925b4f440b6c2e560cfedd/Stellungnahme%20zur%20%C3%84nderung%20Bankengesetz%20und%20Eigenmittelverordnung%20%28Eigenmittelunterlegung%20ausl%C3%A4ndischer%20Beteiligungen%20im%20Stammhaus%20von%20systemrelevanten%20Banken%29.pdf" title="Stellungnahme zur Ãnderung Bankengesetz und Eigenmittelverordnung (Eigenmittelunterlegung ausländischer Beteiligungen im Stammhaus von systemrelevanten Banken)"><div class="content__assetList--title"><p>Stellungnahme zur Ãnderung Bankengesetz und Eigenmittelverordnung (Eigenmittelunterlegung ausländischer Beteiligungen im Stammhaus von systemrelevanten Banken)</p></div><div class="content__assetList--description"><p>In German</p></div></a></div><div class="content__assetList--element content__assetList--link"><a target="_blank" href="https://www.swissbanking.ch/_Resources/Persistent/f/4/2/e/f42e4f3f887b4b3bf10bf633f550e23ddc2d0696/Stellungnahme%20zur%20%C3%84nderung%20der%20Eigenmittelverordnung%20und%20Reaktion%20auf%20die%20Eckwerte%20des%20Bundesrats%20zu%20den%20Massnahmen%20auf%20Gesetzesstufe%20%28DE%29.pdf" title="Stellungnahme zur Ãnderung der Eigenmittelverordnung und Reaktion auf die Eckwerte des Bundesrats zu den Massnahmen auf Gesetzesstufe"><div class="content__assetList--title"><p>Stellungnahme zur Ãnderung der Eigenmittelverordnung und Reaktion auf die Eckwerte des Bundesrats zu den Massnahmen auf Gesetzesstufe</p></div><div class="content__assetList--description"><p>In German</p></div></a></div></div></div></div></div></div><div class="container"><div class="content--divider"></div></div><div class="container"><div class="content__contact"><div class="contact--headline"><h2>Kontakt</h2></div><div class="contact--contacts"><div class="contact--element"><div class="contact--image">
8<div class="img-ari--responsive" data-ari-params="{'id':'e64b7a7f-2b5f-4459-af12-75f33ecddbd6','name':'MarkusStaub_SBVg.png','title':'Markus Staub','alt':'Markus Staub','hash':'2e400fcc15b31573b00325247e15716c811423d4','maxwidth':'800','originalwidth':'800','originalheight':'800'}" style="padding-bottom: 100%"></div></div><div class="contact--name">Markus Staub</div><div class="contact--function">Head of Prudential Regulation</div><div class="contact--phone">+41 58 330 63 42 </div><div class="contact--email"><div class="d-print-none btn btn--variant-text-icon"><p class="btn--linked"><a href="javascript:linkTo_UnCryptMailto('markus8staubZsba8ch',-26)">E-Mail</a></p></div></div></div><div class="contact--element"><div class="contact--image"><div class="img-ari--responsive" data-ari-params="{'id':'1e4ac34f-9899-4184-8ff5-91fb3f921564','name':'SBVg_FaehClaudio_7517_webProfil.png','title':'Claudio Fäh','alt':'Claudio Fäh','hash':'79444146aca151ea79404497622a14ee361a81de','maxwidth':'800','originalwidth':'800','originalheight':'800'}" style="padding-bottom: 100%"></div></div><div class="contact--name">Claudio Fäh</div><div class="contact--function">Head of Legal & Compliance</div><div class="contact--phone">+41 58 330 62 53</div><div class="contact--email"><div class="d-print-none btn btn--variant-text-icon"><p class="btn--linked"><a href="javascript:linkTo_UnCryptMailto('encwfkq0hcgjBudc0ej',-2)">E-Mail</a></p></div></div></div><div class="contact--element"><div class="contact--image">
8<div class="img-ari--responsive" data-ari-params="{'id':'1f06c5da-6321-4d81-9038-e891ed40d8de','name':'SBVg_MichelNina-Alessa_7449_webProfil.png','title':'Nina-Alessa Michel','alt':'Nina-Alessa Michel','hash':'96ecd11a988c1447dc033aa80e006726d914456f','maxwidth':'800','originalwidth':'800','originalheight':'800'}" style="padding-bottom: 100%"></div></div><div class="contact--name">Nina-Alessa Michel</div><div class="contact--function">Policy Advisor Regulation & Economics</div><div class="contact--phone">+41 58 330 62 43</div><div class="contact--email"><div class="d-print-none btn btn--variant-text-icon"><p class="btn--linked"><a href="javascript:linkTo_UnCryptMailto('jejw3whaoow4ieydahVoxw4yd',-22)">E-Mail</a></p></div></div></div></div></div></div><div class="container"><div class="content--divider"></div></div><div class="content__teaserGroup container teaserGroup--width-50"><div class="neos-contentcollection"><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/press-releases/the-sba-supports-targeted-reforms-but-firmly-rejects-finma-as-a-super-authority"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'aa1c6f9c-84fd-46a7-b9a6-46404ad2050d','name':'Bild_Post_Herbstsession_25.jpg','title':'The SBA supports targeted reforms but firmly rejects FINMA as a âsuper-authorityâ','alt':'The SBA supports targeted reforms but firmly rejects FINMA as a âsuper-authorityâ','hash':'c8f29776d5de411bb7d8db626fb3258694014795','maxwidth':'2000','originalwidth':'2000','originalheight':'1333'}"></div></div><div class="content__teaser--colored content__teaser--content peach"><div class="content__teaser--info"><span class="content__teaser--category">Press releases</span><span class="content__teaser--date">12.08.2026</span></div><div class="content__teaser--headline"><h3>The SBA supports targeted reforms but firmly rejects FINMA as a âsuper-authorityâ</h3></div><div class="content__teaser--text">The Swiss Bankers Association (SBA) welcomes the Federal Councilâs decision to address key lessons from the Credit Suisse crisis through its two additional consultations on banking stability. The SBA supports targeted improvements to the liquidity supply and the resolvability of systemically important banks. It acknowledges the Federal Councilâs efforts to ensure a proportionate approach. However, the package of measures remains too extensive. The crisis at a single bank does not justify across-the-board tightening of regulations for other banks. Regulation must focus on areas where actual risks exist and where it makes a proven contribution to financial stability. The SBA also warns against FINMA becoming a âsuper-authorityâ, particularly with regard to its vastly expanded powers concerning early intervention, sanctions and the ability to intervene in normal business operations. The SBA will now analyse the proposals in greater depth.</div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/press-releases/new-federal-council-capital-rules-lead-to-significant-competitive-disadvantages-for-the-swiss-financial-centre"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'aa1c6f9c-84fd-46a7-b9a6-46404ad2050d','name':'Bild_Post_Herbstsession_25.jpg','title':'New Federal Council capital rules lead to significant competitive disadvantages for the Swiss financial centre','alt':'New Federal Council capital rules lead to significant competitive disadvantages for the Swiss financial centre','hash':'c8f29776d5de411bb7d8db626fb3258694014795','maxwidth':'2000','originalwidth':'2000','originalheight':'1333'}"></div></div><div class="content__teaser--colored content__teaser--content blue"><div class="content__teaser--info"><span class="content__teaser--category">Press releases</span><span class="content__teaser--date">22.04.2026</span></div><div class="content__teaser--headline"><h3>New Federal Council capital rules lead to significant competitive disadvantages for the Swiss financial centre</h3></div><div class="content__teaser--text">The Swiss Bankers Association (SBA) takes a highly critical view of the amendment to the Banking Act regarding the capital requirements for foreign holdings in the parent company of systemically important banks. The Federal Council is ignoring the predominantly critical feedback from the consultation process, particularly from the real economy and around 16 cantons. These rightly point out that this maximalist proposal and Switzerlandâs unilateral approach will weaken the financial centre, hamper the supply of credit and make financial services more expensive for businesses. The SBA welcomes the fact that the Federal Council has moved away from its extreme proposals in the Capital Adequacy Ordinance. Although the new valuations for specific balance sheet items such as software go beyond international standards, they are now aligned with competing financial centres and are therefore acceptable to the Swiss financial centre. It is positive that the vast majority of banks are now exempt from further tightening measures.</div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/press-releases/swiss-bankers-association-rejects-stricter-capital-requirements-proposed-by-federal-council-and-calls-for-thorough-review-of-viable-alternatives"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'5228aeb7-26a2-4515-9015-37b948e245dc','name':'iStock-154923945_%281%29.jpg','title':'Swiss Bankers Association rejects stricter capital requirements proposed by Federal Council and calls for thorough review of viable alternatives','alt':'Swiss Bankers Association rejects stricter capital requirements proposed by Federal Council and calls for thorough review of viable alternatives','hash':'a36a73f8aa7129c3124e9c9ee5e1599f9f75f230','maxwidth':'1280','originalwidth':'1280','originalheight':'850'}"></div></div><div class="content__teaser--colored content__teaser--content sand"><div class="content__teaser--info"><span class="content__teaser--category">Press releases</span><span class="content__teaser--date">12.01.2026</span></div><div class="content__teaser--headline"><h3>Swiss Bankers Association rejects stricter capital requirements proposed by Federal Council and calls for thorough review of viable alternatives</h3></div><div class="content__teaser--text">In its consultation response, the Swiss Bankers Association (SBA) rejects the Federal Councilâs proposal to amend the Banking Act and the Capital Adequacy Ordinance with regard to the capital backing of systemically important banksâ foreign participations at parent company level. Instead, the SBA calls for proportionate, targeted regulation that is aligned with international standards. It also demands a thorough review of viable alternatives to the proposed maximalist approach as well as a holistic view of all planned measures to avoid unnecessary burdens on the financial centre and the real economy. The goal must be to strengthen system stability while also securing Switzerlandâs competitiveness as a location for finance and business.</div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/news/swiss-bankers-association-sba-position-on-amending-the-banking-act-and-capital-adequacy-ordinance-capital-backing-for-foreign-participations-of-systemically-important-banks-at-parent-company-level"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'fb441910-644e-4195-8c75-37481d3695af','name':'Swissbanking_Logo_0714_web_Raw_Filter.jpg','title':'Swiss Bankers Association (SBA) position on amending the Banking Act and Capital Adequacy Ordinance (capital backing for foreign participations of systemically important banks at parent company level)','alt':'Swiss Bankers Association (SBA) position on amending the Banking Act and Capital Adequacy Ordinance (capital backing for foreign participations of systemically important banks at parent company level)','hash':'49a1a3e32b14a67dfac518bfb33644f8c71c2965','maxwidth':'1280','originalwidth':'1280','originalheight':'853'}"></div></div><div class="content__teaser--colored content__teaser--content peach"><div class="content__teaser--info"><span class="content__teaser--category">News</span><span class="content__teaser--date">12.01.2026</span></div><div class="content__teaser--headline"><h3>Swiss Bankers Association (SBA) position on amending the Banking Act and Capital Adequacy Ordinance (capital backing for foreign participations of systemically important banks at parent company level)</h3></div><div class="content__teaser--text">The SBA supports the goal of further strengthening the stability of the Swiss financial system and advocates for targeted, proportionate regulation that is aligned with international standards.</div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/press-releases/swiss-bankers-association-supports-targeted-reforms-but-says-no-to-wave-of-regulation-and-extreme-solutions"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'341523da-cfb1-4284-924f-027ea61a959e','name':'bundesbern.jpg','title':'Swiss Bankers Association supports targeted reforms but says ânoâ to wave of regulation and extreme solutions','alt':'Swiss Bankers Association supports targeted reforms but says ânoâ to wave of regulation and extreme solutions','hash':'86963f3854133f3f5fc8b56c947ee9c43279cec4','maxwidth':'1500','originalwidth':'1500','originalheight':'750'}"></div></div><div class="content__teaser--colored content__teaser--content grey"><div class="content__teaser--info"><span class="content__teaser--category">Press releases</span><span class="content__teaser--date">26.09.2025</span></div><div class="content__teaser--headline"><h3>Swiss Bankers Association supports targeted reforms but says ânoâ to wave of regulation and extreme solutions</h3></div><div class="content__teaser--text">Zurich, 26 September 2025 â In its response to the planned amendments to the Capital Adequacy Ordinance and the âparametersâ for a package of legislation presented by the Federal Council on 6 June 2025, the Swiss Bankers Association (SBA) welcomes the aim of further strengthening the stability of the financial centre. It supports action on specific lessons learned from the Credit Suisse crisis, such as improving the provision of liquidity and setting out clear responsibilities, but it rejects a wave of regulation affecting the entire industry, extreme solutions and an approach that is at odds with international norms. The SBA stresses that the right balance must be struck between system stability and competitiveness to bolster Switzerlandâs standing as a business and finance hub instead of weakening it.</div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/news/extreme-capital-requirements-for-foreign-participations-detrimental-to-competitiveness-sba-warns-of-risks-to-switzerlands-standing-as-financial-centre-and-business-location"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'d15a93b6-497d-4886-8071-708ccad12508','name':'Bundeshaus_Fahne.jpg','title':'Extreme capital requirements threaten competitiveness â SBA warns of risks and costs for Switzerland as a financial and business location','alt':'Extreme capital requirements threaten competitiveness â SBA warns of risks and costs for Switzerland as a financial and business location','hash':'dc9e8268351eecb3306fb21d02c2db0bbda0ebfc','maxwidth':'2400','originalwidth':'2400','originalheight':'1602'}"></div></div><div class="content__teaser--colored content__teaser--content peach"><div class="content__teaser--info"><span class="content__teaser--category">News</span><span class="content__teaser--date">26.09.2025</span></div><div class="content__teaser--headline"><h3>Extreme capital requirements threaten competitiveness â SBA warns of risks and costs for Switzerland as a financial and business location</h3></div><div class="content__teaser--text">Swiss Bankers Association (SBA) statement on the opening of a consultation concerning capital requirements for foreign participations.</div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/news/insight-3-25-en-credit-suisse-and-banking-stability-a-measured-approach-please"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'78e90c2e-51ec-4cfb-87bd-ccaeccdf06a7','name':'Markus_Staub_web.jpg','title':'Credit Suisse and âbanking stabilityâ: a measured approach, please! ','alt':'Credit Suisse and âbanking stabilityâ: a measured approach, please! ','hash':'ab6961c091d7d55d56e2b397208a5e8dbf1b736b','maxwidth':'1600','originalwidth':'1600','originalheight':'1067'}"></div></div><div class="content__teaser--colored content__teaser--content grey"><div class="content__teaser--info"><span class="content__teaser--category">News</span><span class="content__teaser--date">25.09.2025</span></div><div class="content__teaser--headline"><h3>Credit Suisse and âbanking stabilityâ: a measured approach, please! </h3></div><div class="content__teaser--text">At the start of June, the Federal Council published its comprehensive package of banking stability measures, containing almost 30 proposals to tighten regulation. The SBA acknowledges the need for targeted adjustments to increase system stability in the wake of the Credit Suisse crisis, but it views the proposals as overloaded and disproportionate. </div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/news/the-federal-council-has-learned-some-right-lessons-from-the-credit-suisse-cs-crisis-but-the-regulatory-package-has-been-made-even-stricter-and-is-overloaded-and-in-some-respects-detrimental-to-switzerland"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'b91401b2-f8a4-4093-b5be-56026b068909','name':'iStock-141210872_%281%29.jpg','title':'The Federal Council has learned some right lessons from the Credit Suisse (CS) crisis, but the regulatory package has been made even stricter and is overloaded and, in some respects, detrimental to Switzerland.','alt':'The Federal Council has learned some right lessons from the Credit Suisse (CS) crisis, but the regulatory package has been made even stricter and is overloaded and, in some respects, detrimental to Switzerland.','hash':'313384bc0316979036d650f3d69b5211e0c3ed2b','maxwidth':'3864','originalwidth':'3864','originalheight':'2576'}"></div></div><div class="content__teaser--colored content__teaser--content sand"><div class="content__teaser--info"><span class="content__teaser--category">News</span><span class="content__teaser--date">06.06.2025</span></div><div class="content__teaser--headline"><h3>The Federal Council has learned some right lessons from the Credit Suisse (CS) crisis, but the regulatory package has been made even stricter and is overloaded and, in some respects, detrimental to Switzerland.</h3></div><div class="content__teaser--text">Statement by the Swiss Bankers Association (SBA) regarding the start of the consultation on the Capital Adequacy Ordinance and the key amendments to the Banking Act.</div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/news/stellungnahme-zur-veroeffentlichung-des-puk-berichts"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'b91401b2-f8a4-4093-b5be-56026b068909','name':'iStock-141210872_%281%29.jpg','title':'Plnc report on the Credit Suisse crisis: Drawing the right lessons now ','alt':'Plnc report on the Credit Suisse crisis: Drawing the right lessons now ','hash':'313384bc0316979036d650f3d69b5211e0c3ed2b','maxwidth':'3864','originalwidth':'3864','originalheight':'2576'}"></div></div><div class="content__teaser--colored content__teaser--content peach"><div class="content__teaser--info"><span class="content__teaser--category">News</span><span class="content__teaser--date">20.12.2024</span></div><div class="content__teaser--headline"><h3>Plnc report on the Credit Suisse crisis: Drawing the right lessons now </h3></div><div class="content__teaser--text">The Swiss Bankers Association (SBA) welcomes the fact that the Parliamentary Investigation Committee (PInC) has examined the legality, expediency, appropriateness, effectiveness, and collaboration of the relevant authorities and institutions. Together with the Federal Councilâs report on banking stability, the PlnC report forms a crucial part of the overall assessment. </div></div></div></a></div></div><div class="content__teaser row"><div class="col-lg-10 offset-lg-1"><a class="content__teaser--link" href="/en/media-politics/news/response-to-the-federal-council-report-on-banking-stability"><div class="content__teaser--inner"><div class="content__teaser--image">
8<div class="img-ari--responsive" data-ari-respectheight="true" data-ari-params="{'id':'9dfad64e-3669-456d-b52f-67d0ec1ca712','name':'iStock-1497946199.jpg','title':'Response to the Federal Council report on banking stability','alt':'Response to the Federal Council report on banking stability','hash':'ce69a461a49f079499e9d416bf1858e0ac71c2db','maxwidth':'7360','originalwidth':'7360','originalheight':'4912'}"></div></div><div class="content__teaser--colored content__teaser--content sand"><div class="content__teaser--info"><span class="content__teaser--category">News</span><span class="content__teaser--date">10.04.2024</span></div><div class="content__teaser--headline"><h3>Response to the Federal Council report on banking stability</h3></div><div class="content__teaser--text">Il est essentiel de tirer les bons enseignements de la crise liée à Credit Suisse et de combler de manière ciblée les lacunes du dispositif réglementaire suisse. Le rapport du Conseil fédéral y parvient en partie, notamment en ce qui concerne lâapprovisionnement en liquidités et la responsabilité personnelle.</div></div></div></a></div></div></div></div></div></main></div><footer class="d-print-none"><div class="footer__wrapper"><div class="footer__row footer__first-row"><div class="container"><div class="row"><div class="footer__content footer__leftContent col-sm-6 col-lg-4"><div class="neos-contentcollection"></div></div><div class="footer__content footer__centerContent col-sm-6 col-lg-4"><div class="neos-contentcollection"><div class="content--headline"><div class="row"><div class="col-12 col-lg-10 offset-lg-1 col-xl-8 offset-xl-2"><h3>Contact us</h3></div></div></div><div class="content--button"><div class="row"><div class="col-12 col-lg-8 offset-lg-2"><div class="d-print-none btn btn--variant-text-icon"><p class="btn--linked"><a href="/en/about-us/association/our-team">Get in touch</a></p></div></div></div></div></div></div><div class="footer__content footer__rightContent col-lg-3 offset-lg-1"><div class="footer__socialBookmarks"><div class="neos-contentcollection"><h2 class="sr-only">Social bookmarks</h2><h3>Social Media</h3><nav class="content--socialbookmarks"><ul class="socialbookmarks-nav clearfix neos-contentcollection"><li class="socialbookmarks__link--element"><a title="Go to LinkedIn" href="https://www.linkedin.com/company/swissbanking" role="button" data-rel="popup" aria-label="Go to LinkedIn" target="_blank"><span class="socialbookmarks__link socialbookmarks__link--linkedin"><svg class="svg-icon-linkedin" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 42 42" width="48" height="48"> 9 <title>Linked In</title> 10 <path fill="currentColor" d="M13 14.94c-.69 0-1.26-.21-1.7-.64-.43-.42-.64-.94-.64-1.56 0-.64.22-1.17.66-1.58.44-.42 1.02-.63 1.74-.63s1.29.21 1.72.63.65.94.66 1.58c0 .63-.21 1.15-.64 1.56-.46.43-1.04.64-1.76.64H13zm2.15 14.53h-4.24V16.7h4.24v12.77zm2.36 0c.04-7.72.04-11.99 0-12.79h4.24v1.86h-.02c.91-1.43 2.19-2.15 3.85-2.15 1.47 0 2.64.47 3.5 1.41.94 1.02 1.41 2.47 1.41 4.36v7.32h-4.26v-6.84c0-1.93-.72-2.89-2.15-2.89-1.04 0-1.77.51-2.19 1.54-.09.23-.14.59-.14 1.05v7.13h-4.24z"/> 11</svg> 12</span><span class="socialbookmarks__link-text sr-only">Linkedin</span></a></li><li class="socialbookmarks__link--element"><a title="Go to Instagram" href="https://www.instagram.com/swissbanking_sbvg/#" role="button" data-rel="popup" aria-label="Go to Instagram" target="_blank"><span class="socialbookmarks__link socialbookmarks__link--instagram"><svg class="svg-icon-instagram" xmlns="http://www.w3.org/2000/svg" viewBox="0 0 42 42"> 13 <title>Instagram</title> 14 <g fill="currentColor"> 15 <path d="M21 8.5c-3.39 0-3.82 0-5.15.08a9.2 9.2 0 0 0-3 .58 6.39 6.39 0 0 0-3.65 3.65 9.2 9.2 0 0 0-.58 3c-.1 1.37-.12 1.8-.12 5.
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