Media

During its meeting on 22 April 2026, the Federal Council adopted the dispatch on the revision of the Banking Act. In the future, systemically important banks in Switzerland will have to fully back their participations in foreign subsidiaries with Common Equity Tier 1 (CET1) capital. This targeted measure is key to strengthening financial stability. Parliament will be able to debate the legislative proposal from summer 2026. At the same time, the Federal Council amended the Capital Adequacy Ordinance. The amendments concern the capital backing for certain balance sheet items such as software, and will come into force on 1 January 2027. The solution proposed by the Federal Council is more moderate than planned, due to the results of the consultation procedure. In terms of capital requirements, the result is thus a balanced overall package that takes account of the comments received.

President Guy Parmelin and Federal Councillor Karin Keller-Sutter, as well as Martin Schlegel, Chairman of the Governing Board of the Swiss National Bank, will attend the Spring Meetings of the International Monetary Fund (IMF) and the World Bank in Washington from 15 to 17 April 2026. A meeting of G20 finance ministers and central bank governors, as well as a ministerial meeting of the Financial Action Task Force (FATF) will also take place during the Spring Meetings. The Swiss delegation, led by Federal Councillor Karin Keller-Sutter, will additionally take the opportunity to hold bilateral talks.

The Swiss Confederation issued two bonds by auction on 08.04.2026: 0.50%, maturity 27.05.2030 (reopening) and 1.50%, maturity 26.10.2038 (reopening). The issuance volume (excluding own holdings) amounts to a total of 489.400 million francs.