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Credit Suisse At1: What Will Happen if the Stoppage of the Taf Is Confirmed, or Cancelled

Summary by Le Temps
If the Federal Court confirms that the amortization of these obligations is illegal, the Finma should push UBS to reinstate the injured investors in their rights. If not, UBS would be taken from the case but a very unfortunate signal would be sent to the international financial community.The landmark event of 2025 in banking law was the judgment of the Federal Administrative Tribunal (TAF) of 1 October 2025 (B-2334/2023) annulling the Finma deci…
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If the Federal Court confirms that the amortization of these obligations is illegal, the Finma should push UBS to reinstate the injured investors in their rights. If not, UBS would be taken from the case but a very unfortunate signal would be sent to the international financial community.The landmark event of 2025 in banking law was the judgment of the Federal Administrative Tribunal (TAF) of 1 October 2025 (B-2334/2023) annulling the Finma deci…

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Le Temps broke the news in on Monday, December 29, 2025.
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