UBS capital rules face hurdle in Swiss parliament

Swiss lawmakers introduced a motion on 16 September 2026 to send proposed capital rules for UBS Group AG back to the Federal Council. The step creates another legislative hurdle for the stricter banking regime.

The government proposal requires 20 billion dollars in additional CET1 capital from UBS. That plan includes a mandate for 100% backing of foreign subsidiaries.

A compromise plan from a parliamentary committee put the estimated capital requirement lower, at 13 billion dollars. That committee proposal also permits up to 50% of the requirement to consist of Additional Tier 1 capital.

The motion now moves before the 46 members of the Swiss Council of States, leaving the final framework for the bank undecided.