The Swiss Financial Market Supervisory Authority, FINMA, stated that UBS Group (UBS) must improve its contingency plan after acquiring Credit Suisse, ensuring that the bank can either end or sell itself without affecting financial stability and taxpayer money. The institution has also temporarily suspended the annual approval of UBS's recovery and contingency plans, allowing UBS to establish its plan while integrating Credit Suisse.

FINMA points out that, based on Credit Suisse's crisis experience, UBS needs additional measures to further strengthen its crisis preparedness and resolution plans for systematically important banks. UBS must modify its liquidity plan in the contingency plan, and provide refinancing for its Swiss branches under emergency plan activation. Authorities also indicate that the Credit Suisse crisis highlighted issues with the speed and extent of deposit outflows, requiring a more focused approach to liquidity-generating measures.

UBS has stated that it has begun further developing its existing contingency plan and indicated that the bank, based on the proposed restructuring strategy, currently complies with the requirements for resolving crises. UBS, in response to Credit Suisse's liquidity crisis in March of last year, acquired Credit Suisse under government intervention.