The Swiss National Bank (SNB) is taking steps to address the stability of the Swiss banking system by easing lenders' access to cash in emergencies and signaling a willingness to accept a wider pool of assets as collateral. This comes alongside a call for banks to prepare more collateral for emergencies and a recognition of the need for action in areas of early intervention, capital and liquidity requirements, and resolution planning. Additionally, the SNB has identified specific needs for action in capital regulations and emphasized the need for a review of UBS's systemic capital requirements to strengthen the stability of Swiss bank financing. In 2023, the SNB sold foreign currency worth nearly $150 billion (approximately 132.9 billion Swiss francs), indicating its increased emphasis on stabilizing the franc. UBS's chairman warned against drawing the wrong lesson from the Swiss banking crisis by imposing higher capital requirements on UBS.