Politics and regulation

Competitive conditions are crucial for the success of the Swiss financial center and therefore also for the success of UBS. One factor that defines the conditions is the regulatory environment, which is in a constant state of flux.

Financial center slides Financial center slides

Our financial center slides offer facts and figures about the financial center and is updated with the newest information every quarter.

New capital adequacy treatement for large banks New capital adequacy treatement for large banks

FINMA is changing the way in which holdings in subsidiaries are treated when calculating capital adequacy requirements for Switzerland’s two large banks. The changes will take effect retroactively as of 1 July 2017. FINMA also provided information on the rebates granted to the two large banks in recognition of implemented measures to improve their global resolvability.

New Swiss fintech rules New Swiss fintech rules

The Swiss Federal Council adopted an amendment of the Banking Ordinance, which should ensure that barriers to market entry for fintech firms are reduced and that the competitiveness of the Swiss financial centre is enhanced.

UBS in the political and regulatory environment

New global standards and developments define many of the parameters within which a national financial market policy is positioned. A prudent national financial center strategy enables Switzerland’s competitiveness as a location to be ensured in an international context.

International focus

UBS has a presence in over 50 countries and in all major financial centers. Our bank employs around 60,000 individuals at almost 900 locations worldwide. Together, these employees speak over 130 languages and come from 140 different countries. As a global group with global expertise, UBS is at the interface of national and international developments.

Close exchange

Due to its international focus, UBS has dealings with many national and international political and regulatory stakeholders. In view of this, the task of Group Governmental Affairs is to identify political and regulatory developments that might have a material impact on UBS’s strategy and business, and to develop and coordinate UBS’s position and strategy accordingly. In this connection, Group Governmental Affairs has both an internal and external information and communication function.
 

Swiss financial center

Swiss financial center

The Swiss financial center makes a major contribution to overall economic output and job creation in Switzerland. A financial system that works effectively is an integral part of a flourishing economy. The Swiss financial center and UBS are closely connected. As the leading bank in Switzerland, UBS attaches a great deal of importance to a strong domestic market. It is important to us that the Swiss financial center continues to maintain its outstanding reputation.

Dossiers

Dossiers

The dossiers keep close tabs on current developments that are important for the financial center and the Swiss economy as a whole. The dossiers on financial stability, financial market regulation, foreign affairs and taxes give an overview of some of the most important issues.

Switzerland and UBS

Switzerland and UBS

The “Switzerland and UBS – Strong Partners” brochure contains facts and figures on the multi-faceted relationship between UBS and Switzerland. As the third largest private employer and largest bank in Switzerland, UBS is closely connected with Switzerland, and has been for more than 150 years.

Stakeholders

Stakeholders

In the area of politics and regulation, UBS maintains direct contact with representatives from the political sphere, public authorities, supervisory authorities and international bodies. UBS also works closely with national and international business associations.