Current developments

In the “current developments” feed you can find information on the current challenges facing the financial center.

Current developments
UBS Chairman Axel Weber elected IIF Chairman

UBS Chairman Axel Weber elected IIF Chairman

Following his unanimous election in October 2016 UBS Chairman Axel Weber took up his role as Chairman of the Institute of International Finance in January 2017.

Third SFC Discussion Paper

Third SFC Discussion Paper

On the occasion of its Annual Conference in Brussels, the Swiss Finance Council has issued its third Discussion Paper: "The EU and its Partners: Banks and Investors in a Digital World".

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.

Amendment of TBTF provisions

Amendment of TBTF provisions

The Swiss Federal Council adopted the amendments to the current too-big-to-fail provisions. The new requirements have to be met by the end of 2019.

BCBS Capital Framework

BCBS Capital Framework

The BCBS is aiming at finalizing the revision of the capital framework by year end. The linked document gives an overview of where the work currently stands.

Swiss Finance Council Paper

Swiss Finance Council Paper

The Swiss Finance Council has published its second discussion paper with the title "The EU & its partners – Attracting international investors".

Fact sheet on conduct

Fact sheet on conduct

The importance of culture and conduct as a regulatory topic is on the rise. The efforts to ensure proper conduct standards have been increased.

Too-big-to-fail update

In December the Swiss Federal Department of Finance (FDF) initiated a hearing on the amendment of the current Swiss too-big-to-fail provisions.

Too-big-to-fail update

The Swiss Federal Council has adopted the parameters for amendments to the current too-big-to-fail provisions.

Too-big-to-fail review

In its report, the Swiss Federal Council evaluated the implementation of the “too big to fail” regulations in Switzerland.

Italian Voluntary Disclosure Program (VDP)

Switzerland and Italy have reached an agreement in principle on future cooperation in tax matters.