Business · Companies · 10 hrs ago
PostFinance emergency plan still has gaps, Swiss regulator says
Switzerland’s financial regulator says PostFinance’s emergency plan still has gaps and needs more detail.
The plan is meant to explain how the bank could be handled in a crisis, and the regulator reviews such plans every year.
ZKB and Raiffeisen meet the requirements, and the regulator approved the stabilization plans of all three domestic systemically important banks.
PostFinance has met requirements for extra funds to absorb losses and has developed its alternative strategy, but it must clarify what it would do if restructuring and continuing the bank were not possible.
Its plan must account for its public service mandate, and a proposed change to postal law could reduce legal uncertainty.
The regulator expects the identified gaps to be closed soon, including gaps in records of crisis exercises and plans for crisis communication.
It will give its separate assessment of UBS’s crisis planning later this year, and it warns that domestic systemically important banks have smaller financial buffers than global ones.
Switzerland’s financial regulator says PostFinance’s emergency plan still has gaps because its options for a failure scenario need more detail.
The Swiss Financial Market Supervisory Authority, known as Finma, says PostFinance has met requirements for additional loss-absorbing funds since the end of 2025 and has developed its alternative strategy.
The regulator again approved the stabilisation plans of PostFinance, Zürcher Kantonalbank and Raiffeisen.
It says the plans’ approval does not guarantee that essential banking services could continue in every crisis scenario.
Finma expects the identified gaps in the banks’ plans to be closed promptly.
- Who
- PostFinance and Switzerland’s financial regulator, Finma.
- What
- Finma says PostFinance’s emergency plan still lacks detail on options if restructuring and continuing the bank are not possible.
- When
- The assessment was published on 14 October 2026 and covered plans submitted in 2025.
- Where
- Switzerland.
- Why
- The regulator says PostFinance must further specify its options for a failure scenario and account for its statutory universal service obligation.
This story does not have two clearly opposing sides.
The three domestically focused systemically important banks submitted the plans assessed by Finma.
PostFinance had met the requirements for additional loss-absorbing funds, according to Finma.
Finma published its assessment, approving the three banks’ stabilisation plans while identifying gaps in PostFinance’s emergency plan.
Finma said it would report separately on UBS’s crisis planning.
- Banks assessed
- PostFinance, Zürcher Kantonalbank and Raiffeisen
- PostFinance funding requirement
- Met since the end of 2025
- Plans assessed
- Plans submitted in 2025
- PostFinance plan gap
- Failure-scenario options need further detail
- UBS assessment
- To be reported separately later in 2026