How does Basel III Finalization impact Swiss Banks?
Swiss Banks should act now to identify how the finalized Basel III rules will impact them.
Authors:
Martin Waurick
Publication:
November 2023
Language:
English & German
Number of pages:
11
Document type:
Brochure
In brief:
- The Basel III Finalization reforms were approved by the Federal Council on the 29 November 2023.
- The impact of the regulations on Swiss banks should not be underestimated, as they affect all types of risk.
- Swiss banks should now address the implementation in a dedicated project in order to be able to comply with the new regulations from the beginning of 2025.