Swiss Bankers Association critical of "Too-big-to-fail" measures

The Swiss Bankers Association (SBA) is critical of a number of the measures proposed by the Federal Council for systemically important banks. It is certainly right to learn the lessons from the Credit Suisse debacle, said SBA CEO Roman Studer at a media conference in Zurich on Thursday. However, Studer was convinced that the result of the current "wave of regulation" would affect the Swiss financial center for the next two decades. Around half of the measures proposed in the government's report affect not only systemically important banks, but all banks. + Get the most important news from Switzerland in your inbox The industry association is particularly critical of the proposed measures relating to capital adequacy - including the measures to increase capital backing for equity investments. Studer conceded that there are arguments for "tweaking certain things". However, if all the proposals were combined, the capital requirements for the country's biggest bank UBS would increase ...