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Swiss lawmaker withdraws motion to send bank bill back to government
Source: reuters.com
Regulation & LegislationBanking & Liquidity
Swiss federal lawmaker Andrea Caroni withdrew his upper-house motion to return the government's draft legislation overhauling UBS bank-capital rules. The withdrawal reduces an immediate parliamentary obstacle to progressing the proposed capital-rule reform, which could materially affect UBS's regulatory capital requirements.
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