The Swiss Federal Council just launched a too-big-to-fail consultation. Here's what it means for major banks.

1️⃣ HSE — Council fined £6000 after stepladder collapse leaves worker with broken ribs
The regulator fined a local council £6,000 following a workplace safety incident where a worker suffered broken ribs in a stepladder collapse.
This enforcement action hits municipal employers and businesses failing to maintain safe working equipment for staff.
Firms must review workplace safety protocols and ensure all working-at-height gear is fully inspected.

2️⃣ WBF — Ordinance on Measures in Connection with the Situation in Ukraine (SR 946.231.176.72): Sanctions Update
The Swiss department enacted an amendment updating the sanctions measures related to the situation in Ukraine.
This update hits Swiss financial institutions, trading entities, and businesses doing business with sanctioned parties.
Firms must update compliance screening databases and review portfolios to ensure alignment with new restrictions.

3️⃣ Federal Council — Consultation on amendments to Banking Act and Liquidity Ordinance
The Swiss executive launched a public consultation on proposed amendments to banking laws and liquidity requirements.
This regulatory push directly hits major Swiss financial and banking institutions classified as too-big-to-fail under existing laws.
Stakeholders and banks should prepare feedback on these proposals before the formal consultation period closes.

4️⃣ CySEC — Board Decision: Withdrawal of AIFM authorization of FINYX (CYPRUS) INVESTMENTS LTD
The Cypriot regulator officially withdrew the Alternative Investment Fund Manager authorization of FINYX (CYPRUS) INVESTMENTS LTD.
This regulatory enforcement action hits the specified investment firm and warns other alternative investment fund managers in the country.
The affected firm must cease regulated activities immediately while other managers should audit their own licensing.

5️⃣ Nederlandse Arbeidsinspectie — Restaurant in Rotterdam moet werkzaamheden 2 maanden stilleggen
The Dutch labor authority issued an order forcing a Rotterdam-based restaurant to suspend operations for two months.
This action hits hospitality businesses and Dutch employers who violate minimum wage and workforce rules.
The restaurant must address all labor and wage compliance violations during the shutdown before they can reopen.

Full analysis in the attached RegNext Daily Europe Radar carousel.

— Elena Navarro · Managing Editor, RegNext
Daily Europe Radar · Wednesday 12 Aug 2026
#EURegulation #UKRegulation #FinancialRegulation #ComplianceIntelligence