RegulatoryUncertainty

Swiss Parliament's Decisions Introduce Uncertainty for UBS, Says Ermotti

2 months ago

In a recent development, UBS Group AG CEO Sergio Ermotti has expressed concerns regarding the Swiss Parliament's recent actions, which he claims have added significant long-term uncertainty for the banking giant. This revelation comes in light of ongoing dialogues surrounding the stability and regulatory frameworks governing Swiss banks following the tumultuous period in the global banking sector.

North Sea Oil Companies Grapple with Ongoing Tax and Permitting Uncertainty

3 months ago

North Sea oil companies are expressing deep concerns regarding the persistent uncertainty surrounding taxation and regulatory permits, which they argue is stunting growth and attracting new investments in the sector. These sentiments come against the backdrop of fluctuating oil prices and increasing operational costs, which have forced several firms to reevaluate their strategies in the region.