Latest regulation news and updates from Switzerland. AI-curated articles covering regulation topics.
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.
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.
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.
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 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.
Switzerland's largest bank protests proposed seven-year timeline for increased capital backing of foreign subsidiaries
Parliament finalizes new money laundering rules requiring enhanced due diligence from lawyers and advisors for transactions above CHF5 million.
Switzerland's largest bank evaluates potential headquarters relocation to US as Swiss Senate debates stricter capital requirements for systemic banks.
Switzerland's largest bank evaluates potential headquarters move to United States as Swiss Senate debates stricter capital requirements for systemic banks.
Federal Council seeks new funding sources to strengthen overwhelmed Money Laundering Reporting Office (MROS) following critical audit report.
Geneva-based diagnostics non-profit FIND nearly collapsed despite warnings, raising questions about Swiss oversight of international organizations.
Swiss financial regulator rejects PostFinance's too-big-to-fail contingency plans, citing insufficient capital reserves and inadequate crisis management strategies.
Swissmedic alerts public about counterfeit and unauthorized weight loss products containing harmful substances, particularly targeting misleading GLP-1 products on social media.
Swiss hospitals warn that months-long delays in recognizing foreign medical qualifications are threatening healthcare quality, as staff shortages intensify.
Federal Chancellery drafts new guidelines for signature collectors following discovery of falsified referendum signatures, marking first national standard.
Price watchdog blocks proposed postal rate increases for 2026, saving consumers from CHF70.9 million in additional costs
HSBC Private Bank Switzerland faces criminal probes by Swiss and French authorities over historic banking relationships, following earlier FINMA restrictions on politically exposed persons.
UBS, Credit Suisse, and Julius Bär face penalties from Singapore's financial regulator for violating anti-money laundering rules, highlighting increased scrutiny of Swiss banking practices abroad.
Vaud canton penalizes Nestlé for unauthorized use of activated carbon filters in Henniez mineral water production between 2008-2022.
Swiss lawmakers push for public disclosure of financial watchdog documents related to the Greensill scandal at Credit Suisse, as London court proceedings reveal early warning signs.
From trusted Swiss news outlets