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Swiss upper house postpones vote on UBS rules until next week
Source: reuters.com
Banking & LiquidityRegulation & LegislationManagement & Governance
Switzerland's upper house postponed until next week its vote on new banking rules being developed for UBS in response to Credit Suisse's 2023 collapse. The delay extends regulatory uncertainty for UBS, but the article provides no details on the proposed requirements or their financial impact.
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