FC - Federal Council adopts amendment of Capital Adequacy Ordinance

FC - Federal Council adopts amendment of Capital Adequacy Ordinance
Bern, 23.11.2016 - During its meeting on 23 November 2016, the Federal Council adopted an amendment of the Capital Adequacy Ordinance. Two additions to the international framework agreement Basel III will be implemented with the revision. The capital adequacy requirements for derivatives and fund units held in the banking book will be made more sensitive to risk with the additions. The changes will enter into force on 1 January 2017.