Some UBS capital rules should be softened, lawmakers tell Swiss government

Core Viewpoint - A Swiss parliamentary committee has stated that capital requirements for UBS should not exceed those in other major financial centers, indicating increased pressure on the government to reconsider proposed regulations [1] Group 1 - The Swiss parliamentary committee's stance reflects a growing concern regarding the competitive positioning of UBS in the global financial landscape [1] - The committee's recommendation aims to ensure that UBS remains on par with its peers in other financial hubs, potentially influencing future regulatory frameworks [1] - This development may lead to a reassessment of the proposed capital requirements, which could have significant implications for UBS's operational strategy and financial health [1]