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Market Chatter: Swiss Lawmakers Delay Vote on Proposed Changes to Capital Rules

MT Newswires·08/11/2026 08:24:08
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08:24 AM EDT, 08/11/2026 (MT Newswires) -- A Swiss parliamentary committee postponed its vote on proposed amendments to Switzerland's capital rules, including changes related to the amount of additional capital UBS Group (UBSG.SW) is required to have, Bloomberg News reported Tuesday. The Economic Affairs and Taxation Committee of the upper house will resume deliberations on the matter at its Aug. 31 meeting, the news outlet noted, citing a parliament spokesperson. The Banking Act amendment meeting set to take place on Tuesday afternoon was canceled, according to the Swiss parliament's website, without any rescheduled date specified. The Swiss Parliament did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)