Group 1 - The Swiss Financial Market Supervisory Authority (Finma) reported that UBS has made further progress in crisis response planning but still requires more work [1] - Finma emphasized that UBS, as the only globally influential bank in Switzerland, has developed feasible restructuring and disposal plans, but greater legislative authority is needed for effective crisis management [1] - UBS's emergency planning needs to be further integrated into the overall disposal scheme, as it is currently not executable [1] Group 2 - Following the emergency takeover of Credit Suisse in 2023, UBS is advancing the integration of the two institutions, resulting in significantly increased capital requirements due to scale and complexity [2] - Finma noted that while UBS meets current loss absorption capacity requirements, it must conservatively assess liquidity generation capabilities during crises and develop more comprehensive contingency plans [2] - UBS's disposal plan must be refined to avoid jeopardizing financial stability or utilizing taxpayer funds, with the bank indicating that it has initiated relevant work and maintains a sustainable business model with a total loss absorption capacity of approximately $200 billion [2]