Switzerland
Why Stablecoins Worry the Swiss National Bank
The Swiss National Bank is warning that large stablecoins could make monetary-policy transmission more difficult if they operate outside the existing banking framework.
11 days ago · 1 source
Switzerland
What changes in Switzerland this October: money-laundering rules and airport delays
Switzerland is preparing a series of changes for October, including new anti-money-laundering rules and longer airport waiting times. The measures will affect financial compliance and international travel, making them relevant to residents and visitors alike.
The Local Switzerland
Swiss environment
How Switzerland’s new plastic-packaging rules will change disposal
Switzerland is preparing to tighten rules on the disposal of plastic packaging.
The Local Switzerland
economy
UBS CEO Warns European Decline Looms Amidst 'Over-Regulation Across the Board'
In a stark warning, UBS chief executive Sergio Ermotti has stated that Europe's economy will continue to fall behind the US and Asia due to excessive bureaucracy and a lack of innovation, predicting that only a profound crisis will force political action.
SWI swissinfo.ch
finance
Swiss Government Demands UBS Bolster Capital by $20 Billion
To prevent a future banking crisis, the Swiss government has approved new regulations requiring systemically important banks like UBS to significantly increase the capital held against their foreign subsidiaries.
SWI swissinfo.ch
consumer rights
A Swiss consumer protection group has recorded over 1,500 complaints related to dropshipping, where online stores sell and ship low-quality goods directly from abroad without holding any stock. The report highlights the difficulty customers face in getting refunds and the deceptive tactics some sellers use.
SWI swissinfo.ch
travel
In a move to enhance onboard safety, SWISS and Edelweiss airlines have introduced new regulations effective January 15th, prohibiting the use of power banks during flights and limiting passengers to carrying a maximum of two such devices in their hand luggage.
The Local Switzerland · +1 more
business
The Swiss Competition Commission (ComCo) has launched a preliminary investigation into Microsoft, citing potential anti-competitive practices following recent price increases for its software licenses, particularly the Microsoft 365 suite used widely by companies and public institutions.
SWI swissinfo.ch
banking
Switzerland's largest bank protests proposed seven-year timeline for increased capital backing of foreign subsidiaries
SWI swissinfo.ch
finance
Parliament finalizes new money laundering rules requiring enhanced due diligence from lawyers and advisors for transactions above CHF5 million.
SWI swissinfo.ch
banking
Switzerland's largest bank evaluates potential headquarters relocation to US as Swiss Senate debates stricter capital requirements for systemic banks.
SWI swissinfo.ch
finance
Switzerland's largest bank evaluates potential headquarters move to United States as Swiss Senate debates stricter capital requirements for systemic banks.
SWI swissinfo.ch
finance
Federal Council seeks new funding sources to strengthen overwhelmed Money Laundering Reporting Office (MROS) following critical audit report.
SWI swissinfo.ch
health
Geneva-based diagnostics non-profit FIND nearly collapsed despite warnings, raising questions about Swiss oversight of international organizations.
SWI swissinfo.ch
finance
Swiss financial regulator rejects PostFinance's too-big-to-fail contingency plans, citing insufficient capital reserves and inadequate crisis management strategies.
SWI swissinfo.ch
health
Swissmedic alerts public about counterfeit and unauthorized weight loss products containing harmful substances, particularly targeting misleading GLP-1 products on social media.
SWI swissinfo.ch
healthcare
Swiss hospitals warn that months-long delays in recognizing foreign medical qualifications are threatening healthcare quality, as staff shortages intensify.
SWI swissinfo.ch
politics
Federal Chancellery drafts new guidelines for signature collectors following discovery of falsified referendum signatures, marking first national standard.
SWI swissinfo.ch
consumer affairs
Price watchdog blocks proposed postal rate increases for 2026, saving consumers from CHF70. 9 million in additional costs
SWI swissinfo.ch
banking
HSBC Private Bank Switzerland faces criminal probes by Swiss and French authorities over historic banking relationships, following earlier FINMA restrictions on politically exposed persons.
SWI swissinfo.ch
