Archived edition · September 23, 2026 Today's news →

What's happening in Europe?

Flag of Switzerland

Switzerland

News summary for

Go to today →

Regulation 🏦

Parliament Tightens Bank Rules Amid Surge in Online Crime

Switzerland's Council of States has voted to enact stricter capital requirements for UBS, mandating that the bank's foreign subsidiaries must be backed by 90% hard equity. This decision follows intense debate and represents a significant development in the ongoing discussions surrounding banking regulation.

Meanwhile, authorities are confronting a disturbing new trend in online crime, with at least 20 cases reported where nihilistic online networks are pressuring girls into self-harm and suicide. This emerging form of cybercrime is posing serious challenges for law enforcement. The nation is also grappling with a record drought, leading to critically low water levels in lakes and rivers, with no immediate forecast for significant rainfall.

In other news, new allegations of deception have surfaced regarding Armasuisse's procurement of F-35 fighter jets, and the Green party is seeking to block a new SVP border protection initiative. Concerns are also being raised about the future of free doctor and hospital choice due to rising insurance premiums.

Some sources unavailable — showing 5 of 7 news sources today.

Top stories

Swiss Parliament Imposes Stricter Capital Rules on UBS

The Swiss Council of States has voted to introduce stricter capital requirements for UBS, specifically mandating that the bank must back its foreign subsidiaries with 90% hard equity. This decision comes after considerable debate and strong opposition from UBS CEO Sergio Ermotti, who has made last-minute efforts to influence the outcome.

Alarming Rise of Nihilistic Online Crime Targeting Girls

Swiss authorities are struggling to cope with a new and disturbing form of online crime where nihilistic networks are reportedly pressuring girls into self-harm and suicide. At least 20 cases of these 'sadistic groups' have been reported across the country, overwhelming current resources.

Switzerland Grapples with Record Drought and Low Water Levels

Switzerland is experiencing a record drought, with critically low water levels in its rivers and lakes. Current high-pressure weather systems are expected to worsen the situation through the end of September, with no immediate relief from rain in sight.

F-35 Fighter Jet Procurement Under Scrutiny Amid Deception Claims

Allegations of deception have emerged against Armasuisse concerning its handling of the F-35 fighter jet purchase. A report details alleged biases and falsehoods used to mislead the public, while the Defense Ministry also approved significant contracts to a law firm advising on related issues.

Debate Over Healthcare Choices Intensifies Amid Rising Premiums

Due to increasing insurance premiums, Swiss citizens may be forced to reconsider their healthcare options, potentially leading to the end of the long-standing practice of free choice for doctors and hospitals.

Green Party Seeks to Halt SVP Border Protection Initiative

The Green party is advocating for the Swiss parliament to declare the latest SVP asylum initiative invalid, arguing that it should not proceed to a public vote due to its aim of drastically restricting the right to asylum.

New Developments in Criminal Cases Across Switzerland

Several new criminal cases have seen developments, including the indictment of three men in Bern following the discovery of semen traces by sniffer dogs in a sexual offense case, and an indictment for attempted murder in Brittnau AG after a man allegedly stabbed his ex-girlfriend.

Murat Yakin Defends Granit Xhaka's Team-Oriented Actions

In an exclusive interview, Murat Yakin, manager of the Switzerland national team, has spoken out in defense of Granit Xhaka, stating that the footballer prioritizes the team's well-being.

News sources