Capital Market

A strong and internationally competitive capital market is essential to Switzerland’s attractiveness as a business location. Multinational companies depend on reliable access to financing. SwissHoldings advocates for internationally coordinated and proportionate regulations that safeguard financial stability while preserving Switzerland’s competitiveness.

Key Issues

09/18/2026

Financial Reporting

SwissHoldings contributes to the further development of international accounting standards through its engagement with the IFRS Foundation. Its work also covers auditing and developments relating to the self-regulation of SIX Exchange Regulation. In addition, the association addresses specific topics such as tax accounting, financial risk management, and other related issues.

SwissHoldings' Position

  • SwissHoldings supports the IFRS Foundation’s objective of improving the comparability and transparency of companies’ financial performance. Internationally harmonized financial reporting is essential in this regard. For multinational companies based in Switzerland with a global presence and an international investor base, it is a key prerequisite for efficient access to capital markets, lower financing costs, and maintaining the confidence of international investors.

Topics: Capital Market

09/18/2026

Banking Regulation

In response to the Credit Suisse crisis, the Federal Council presented a comprehensive package of measures to strengthen the stability of the Swiss financial center. The planned revision of the Banking Act and related changes to capital adequacy requirements address, among other things, capital and liquidity requirements, corporate governance, and supervision. The design of these rules has important implications for the real economy, as higher regulatory costs and capital requirements can affect companies’ financing conditions.

SwissHoldings' Position

  • SwissHoldings supports the goal of a stable and resilient financial system. However, regulation must be designed so as not to place a disproportionate burden on affected companies or the real economy.

Topics: Capital Market

09/18/2026

Financial and Capital Markets Law

A reliable and efficient legal framework for financial and capital markets is of major importance to multinational industrial and service companies. Key priorities include the regulation of derivatives trading, the further development of the Financial Market Infrastructure Act (FinMIA), and greater legal certainty.

SwissHoldings' Position

  • SwissHoldings supports targeted amendments to the Financial Market Infrastructure Act (FinMIA), particularly where they strengthen legal certainty and make existing regulatory requirements more practical.
  • Proven forms of self-regulation should be preserved. SwissHoldings therefore opposes bringing issuer obligations, such as ad hoc publicity and the disclosure of management transactions, under FINMA supervision.
  • New regulatory requirements should be based on a demonstrated need for action and coordinated with ongoing reforms to avoid unnecessary additional burdens on companies.

Topics: Capital Market