Federal Council confirms implementation of final Basel III standard with effect from 1 January 2025
Bern, 26.6.2024 - During its meeting on 26 June 2024, the Federal Council took note of the international implementation of the final Basel III standard for banks. The amendment to the Capital Adequacy Ordinance (CAO), which will enshrine the standard in Swiss law, will enter into force on 1 January 2025 as planned.