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.
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.
Due to its international focus, UBS has dealings with many national and international political and regulatory stakeholders. In view of this, the task of 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, Governmental Affairs has both an internal and external information and communication function.