Swiss Finish (so also said in German; rarely Swiss special regulations). The special rules for Switzerland that follow Basel III. – The balance sheet totals of the two major Swiss banks, USB and Credit Suisse, were six times larger than Switzerland’s national income in 2010. If just one of these institutions were to fail, the Swiss economy as a whole could be severely affected and the state could be forced to use taxpayers’ money to avert a bank failure. For this reason, USB and Credit Suisse are to hold at least ten percent hard core capital. This corresponds to a forty percent surcharge compared with the Basel III requirements. If the hard and soft capital requirements are added together in detail, Swiss banks must maintain a ratio of nineteen percent core capital. – See German Finish, IFRS dialects, regulatory framework, uniform, sovereign wealth funds.
The special rules for Switzerland that follow Basel III. – The balance sheet totals of the two major Swiss banks, USB and Credit Suisse, were six times larger than Switzerland’s national income in 2010. If just one of these institutions were to fail, the Swiss economy as a whole could be severely affected and the state could be forced to use taxpayers’ money to avert a bank failure. For this reason, USB and Credit Suisse are to hold at least ten percent hard core capital. This corresponds to a forty percent surcharge compared with the Basel III requirements. If the hard and soft capital requirements are added together in detail, Swiss banks must maintain a ratio of nineteen percent core capital. – See German Finish, IFRS dialects, regulatory framework, uniform, sovereign wealth funds.
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University Professor Dr. Gerhard Merk, Dipl.rer.pol., Dipl.rer.oec.
Professor Dr. Eckehard Krah, Dipl.rer.pol.
E-mail address: info@ekrah.com
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https://www.gerhardmerk.de/