Swiss Bankers Association - SwissBanking

Reform of withholding tax: new analysis from BAK Economics confirms positive cost/benefit ratio

According to BAK Economics, the withholding tax reform to be voted on in a referendum on 25 September would pay off for both Swiss business and the State. This positive conclusion holds true even when pessimistic assumptions regarding the expected economic impact are used.

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Swiss Financial Sector Cyber Security Centre founded

At a meeting in April attended by Federal Councillor Ueli Maurer, representatives of the Swiss Bankers Association (SBA), the Swiss Insurance Association (SIA), the federal authorities and others founded the Swiss FS-CSC association. This is a major step forward in efforts to expand the Swiss financial centre’s cyber resilience.

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OECD not satisfied with AEOI and hungry for data on crypto-assets

The OECD has set itself the aim of ensuring tax transparency with regard to crypto-assets. The Swiss banks fully support this but are critical of the unnecessary overlaps with the long-established system of automatic exchange of information (AEOI), which they believe will be costly and detrimental to competition.

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Press releases29.06.2022

Switzerland leads the way with launch of Swiss Climate Scores for financial investments

More transparency on the Paris alignment of financial investments

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Press releases28.06.2022

SBA introduces self-regulation in the area of Sustainable Finance

New minimum requirements for integrating sustainability criteria into investment and mortgage advice

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Conversion of Ukrainian currency into Swiss francs

The federal government, in consultation with the Swiss National Bank and selected banks, has set up a programme to allow asylum-seekers from Ukraine with protection status S to convert their Ukrainian cash into Swiss francs.

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SBA welcomes three new members

Bank of China Limited, Geneva Branch, Grammont Finance SA, and QNB (Suisse) SA join the Swiss Bankers Association (SBA).

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