07:57 AM EDT, 09/30/2025 (MT Newswires) -- UBS (UBS) and Switzerland are privately open to a compromise on new capital rules, potentially clearing a path for lower requirements acceptable to both sides, Reuters reported Tuesday, citing people familiar with the situation.

Bern could accept trimming the extra capital burden to $15 billion from the $24 billion plan from June, a level UBS could tolerate, the report said, citing sources.

UBS has criticized the current proposal as "disproportionate" and "out of touch with reality" in its official response, the report said, adding that parliament will next weigh the issue, with representatives of the government and UBS invited to a committee meeting in early November.

Options under discussion include an 80% threshold and recognizing roughly $19 billion of UBS's AT1 debt toward the add-on, the report said, quoting one source and company figures.

UBS did not immediately respond to MT Newswires' request for comment.

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