Initiative launched for tougher environmental rules for Swiss financial industry

An alliance of political parties and business and environmental groups has launched a people's initiative calling for stricter environmental rules for the Swiss finance industry. Campaigners say the federal government should introduce new legislation to better control asset managers, insurers and pension funds. +Get the most important news from Switzerland in your inbox The popular initiative entitled "For a sustainable and future-oriented Swiss financial centre (financial centre initiative)" was published in the Federal Gazette on Tuesday. Campaigners have until May 26, 2026 to collect 100,000 signatures to try to force a nationwide vote on the issue. + Swiss finance minister says stricter bank rules needed for trust The initiative committee includes current and former parliamentarians from the left-wing Social Democratic Party, the Centre Party, the centre-right Radical-Liberal Party, the left-wing Green Party, the centrist Liberal Green Party and the Protestant Party. They are ...