The Swiss National Bank has expressed support for tougher banking regulations aimed at strengthening the stability of the country’s largest banks.
The proposals would force big banks to hold more high-quality capital to access central-bank liquidity.
This follows past sector turmoil and aims to reduce systemic risk. Final details expected in federal proposals later this year.
UBS has already expressed its opposition to a change in the capital rules and has even threatened to base itself in the United States if the rules are changed.
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