ZURICH, Nov 13 Reuters Swiss financial regulator FINMA said on Wednesday it will in future regularly review how it oversees UBS as the country39;s authorities prepare to overhaul regulations to make the banking sector more robust.

Laying out its strategic goals for 2025 to 2028, FINMA said it will enhance supervision of institutions it watches and have them develop their governance and risk culture towards higher requirements and clear risk tolerance thresholds.

The supervisory approach for UBS will be reviewed on an ongoing basis and refined as necessary so that the risks associated with its systemic importance can be countered at all times, FINMA said in a statement.

The Swiss government in April pitched a series of proposals aimed at tightening banking sector regulations following the 2023 collapse of Credit Suisse and its subsequent takeover by its longtime rival UBS.

Among the proposals floated were extra powers for FINMA, but authorities have yet to determine how farreaching the new regulations should be. That process is expected to extend well into next year.

The government said it will in the first half of 2025 make an announcement on the supervisory instruments FINMA has as part of the followup to those proposals.

UBS and Switzerland39;s three other systemically important banks Raiffeisen Group, PostFinance and Zuercher Kantonalbank, must be capable of being restructured, wound up, or sold off, without jeopardising Swiss and international financial…