UBS Group Acknowledges 'More Constructive' Proposal by Swiss Parliament on Capital Rules

08:32 AM EST, 12/12/2025 (MT Newswires) -- UBS Group (UBSG.SW) on Friday took note of the proposal put forward by a cross-party group in the Swiss Parliament that would ease the burden of Switzerland's planned capital rule changes on the banking giant. "Their proposal goes in a more constructive direction than the extreme approach proposed by the Federal Council," a UBS spokesperson told MT Newswires in an emailed statement. The bank also stressed that Switzerland already imposes "the most stringent capital requirement regime in the world," compared with other financial hubs that are "relaxing or simplifying" regulations, adding that the government's plan to further implement stricter rules will adversely affect the Swiss financial center's competitiveness. "UBS continues to advocate for a strengthening of the regulatory framework with targeted, proportionate and internationally aligned measures," the spokesperson added.