Amendment to the Capital Adequacy Ordinance to implement the final Basel III standards will enter into force in 2025
Bern, 29.11.2023 - At its meeting on 29 November 2023, the Federal Council adopted the amendment to the Capital Adequacy Ordinance (CAO) for banks. This bill transposes the final Basel III standards adopted by the international Basel Committee on Banking Supervision (BCBS) into Swiss law. The amended CAO will enter into force on 1 January 2025.