Regulatory projects
Regulatory projects
National regulatory projects are interlinked. They take into account of international standards, global financial competition, financial stability and innovation.
Media releases on this topic
Federal Council initiates consultation on amending Financial Market Supervision Act and other legislation concerning international cooperation
During its meeting on 20 September 2024, the Federal Council decided to initiate a consultation on amending the Financial Market Supervision Act and other pieces of legislation. The aim of the legislative amendments is to adapt the Swiss legal framework for international cooperation in the financial market sector to both the current circumstances and the needs of Switzerland's financial centre.
Federal Council adopts dispatch on agreement with the United Kingdom on mutual recognition in financial services
At its meeting on 4 September 2024, the Federal Council adopted the dispatch on the approval of an agreement between Switzerland and the United Kingdom (UK) on mutual recognition in financial services. The agreement boosts competitiveness and fosters the close cooperation between the two major international financial centres.
Interim solution for withholding tax on too-big-to-fail instruments
During its meeting on 21 August 2024, the Federal Council approved a temporary extension of the special rules on withholding tax for too-big-to-fail (TBTF) instruments to 31 December 2031. This ensures that banks can continue to obtain capital from within Switzerland on competitive terms, thereby contributing to financial stability. At the same time, the temporary nature of the extension ensures that the legislator is able to formulate a definitive regulation as part of the overall package of TBTF measures.
State Secretariat for International Finance SIF
Bundesgasse 3
Switzerland - 3003 Bern