{"id":52653,"date":"2026-04-21T07:50:03","date_gmt":"2026-04-21T07:50:03","guid":{"rendered":"https:\/\/www.europesays.com\/ch\/52653\/"},"modified":"2026-04-21T07:50:03","modified_gmt":"2026-04-21T07:50:03","slug":"swiss-regulator-says-ubs-emergency-plan-still-needs-work","status":"publish","type":"post","link":"https:\/\/www.europesays.com\/ch\/52653\/","title":{"rendered":"Swiss regulator says UBS emergency plan still needs work"},"content":{"rendered":"\n<p class=\"yf-1fy9kyt\">ZURICH, April 21 (Reuters) &#8211; Swiss financial market regulator FINMA said on Tuesday it carried \u200cout more than a third of its \u200con-site inspections of banks last year at UBS and that \u200bthe lender&#8217;s emergency plan in the event of a crisis still needs work.<\/p>\n<p class=\"yf-1fy9kyt\">FINMA said it had carried out 113 such inspections of banks in \u200c2025, of which \u206042 were conducted at UBS. A year earlier, the regulator said it had \u2060performed 111 inspections, including 45 at UBS, Switzerland&#8217;s biggest bank.<\/p>\n<p class=\"yf-1fy9kyt\">UBS has been under close scrutiny since \u200bthe collapse \u200bof its rival \u200bCredit Suisse in 2023, \u200cwhich the bank acquired in an emergency rescue engineered by Swiss authorities.<\/p>\n<p class=\"yf-1fy9kyt\">FINMA said the emergency plan submitted by UBS at the end of 2024 largely complied with statutory requirements.<\/p>\n<p class=\"yf-1fy9kyt\">But it said that \u200cin its current form, \u200bUBS&#8217;s emergency plan cannot yet \u200bensure that risks \u200bto the stability of the financial \u200csystem are sufficiently addressed.<\/p>\n<p class=\"yf-1fy9kyt\">&#8220;FINMA therefore \u200bassessed the \u200bemergency plan as not implementable for the time being,&#8221; the regulator noted, saying UBS must \u200bfurther &#8220;operationalize&#8221; its \u200calternative resolution options and align its emergency \u200bplan accordingly.<\/p>\n<p class=\"yf-1fy9kyt\">(Reporting by Oliver Hirt and Dave \u200bGrahamEditing by Ludwig Burger)<\/p>\n","protected":false},"excerpt":{"rendered":"ZURICH, April 21 (Reuters) &#8211; Swiss financial market regulator FINMA said on Tuesday it carried \u200cout more than&hellip;\n","protected":false},"author":2,"featured_media":52654,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[29765,13835,17],"class_list":{"0":"post-52653","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-switzerland","8":"tag-emergency-plan","9":"tag-finma","10":"tag-switzerland"},"share_on_mastodon":{"url":"https:\/\/pubeurope.com\/@ch\/116441607450301539","error":""},"_links":{"self":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/52653","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/comments?post=52653"}],"version-history":[{"count":0,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/posts\/52653\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media\/52654"}],"wp:attachment":[{"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/media?parent=52653"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/categories?post=52653"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.europesays.com\/ch\/wp-json\/wp\/v2\/tags?post=52653"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}