{"d":{"__metadata":{"id":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')","uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')","type":"itsystems.Pd.DataServices.DataModel.Business"},"BusinessResponsibilities":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/BusinessResponsibilities"}},"RelatedBusinesses":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/RelatedBusinesses"}},"BusinessRoles":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/BusinessRoles"}},"Publications":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Publications"}},"LegislativePeriods":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/LegislativePeriods"}},"Sessions":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Sessions"}},"Preconsultations":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Preconsultations"}},"Bills":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Bills"}},"Councils":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Councils"}},"BusinessTypes":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/BusinessTypes"}},"Votes":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Votes"}},"SubjectsBusiness":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/SubjectsBusiness"}},"BusinessStates":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/BusinessStates"}},"Council":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Council"}},"Transcripts":{"__deferred":{"uri":"https://ws.parlament.ch/OData.svc/Business(ID=20257612,Language='FR')/Transcripts"}},"ID":20257612,"Language":"FR","BusinessShortNumber":"25.7612","BusinessType":14,"BusinessTypeName":"Heure des questions. Question","BusinessTypeAbbreviation":"Qst.","Title":"UBS Fonds Propre","Description":null,"InitialSituation":null,"Proceedings":null,"DraftText":null,"SubmittedText":"<p>&nbsp;</p><p>- Pourquoi vouloir exiger de l\u2019UBS de doter ses soci\u00e9t\u00e9s filles avec 100 % de fonds propres, tout en admettant qu\u2019une soci\u00e9t\u00e9 active dans l\u2019asset management n\u2019as de loin pas la m\u00eame exposition au risque qu\u2019une filiale active dans l\u2019investissement bancaire aux \u00c9tats-Unis, p.ex.&nbsp;?&nbsp;<br>- Ne faudrait-il pas \u00eatre plus nuanc\u00e9 en fonction du profil de risque op\u00e9rationnel et financier&nbsp;?&nbsp;</p>","ReasonText":null,"DocumentationText":null,"MotionText":null,"FederalCouncilResponseText":"<span><p><span>Le Conseil f\u00e9d\u00e9ral a examin\u00e9 \u00e9galement des exigences en mati\u00e8re de fonds propres diff\u00e9rentes pour les entit\u00e9s de gestion de fortune et les entit\u00e9s de banque d\u2019investissement. Cette variante a \u00e9t\u00e9 \u00e9cart\u00e9e pour plusieurs raisons.</span></p><p><span>&nbsp;</span></p><p><span>Les produits de la gestion de fortune, de la banque d\u2019investissement et de la gestion d\u2019actifs des grandes filiales \u00e9trang\u00e8res se recoupent de plus en plus. Les clients priv\u00e9s fortun\u00e9s, les family offices ou les fondations demandent souvent, dans le cadre de la gestion de fortune, des prestations relevant de la banque d\u2019investissement, raison pour laquelle ces banques proposent \u00e9galement ce genre de services. </span></p><p><span>&nbsp;</span></p><p><span>Sur le plan r\u00e9glementaire, il n\u2019est donc pas possible de distinguer clairement entre la gestion de fortune, qui pr\u00e9sente de faibles risques, et la banque d\u2019investissement, qui est li\u00e9e \u00e0 des risques plus \u00e9lev\u00e9s. Cette solution n\u2019est pas r\u00e9alisable en pratique.</span></p><p><span>&nbsp;</span></p><p><span>Une deuxi\u00e8me raison de rejeter cette variante est que m\u00eame dans le domaine de la gestion de fortune, il n\u2019est pas certain dans quelle mesure un domaine d\u2019activit\u00e9 conserve sa valeur en cas de crise et qu\u2019il puisse \u00eatre vendu sans que la banque ne subisse d\u2019importantes pertes. Cela vaut en particulier dans une crise de confiance, lorsque les clients retirent leurs avoirs. Des pertes peuvent par exemple survenir lorsqu\u2019un domaine d\u2019activit\u00e9 de la gestion de fortune d\u00e9ficitaire ou vis\u00e9 par des proc\u00e9dures judiciaires doit \u00eatre vendu sur un march\u00e9 tr\u00e8s d\u00e9favorable. </span></p></span>","FederalCouncilProposal":null,"FederalCouncilProposalText":null,"FederalCouncilProposalDate":"\/Date(1757894400000)\/","SubmittedBy":"Calame Didier","BusinessStatus":229,"BusinessStatusText":"Liquid\u00e9","BusinessStatusDate":"\/Date(1757951660000)\/","ResponsibleDepartment":7,"ResponsibleDepartmentName":"D\u00e9partement des finances","ResponsibleDepartmentAbbreviation":"DFF","IsLeadingDepartment":true,"Tags":"24","Category":null,"Modified":"\/Date(1763084998050)\/","SubmissionDate":"\/Date(1757376000000)\/","SubmissionCouncil":1,"SubmissionCouncilName":"Conseil national","SubmissionCouncilAbbreviation":"CN","SubmissionSession":5210,"SubmissionLegislativePeriod":52,"FirstCouncil1":1,"FirstCouncil1Name":"Conseil national","FirstCouncil1Abbreviation":"CN","FirstCouncil2":null,"FirstCouncil2Name":null,"FirstCouncil2Abbreviation":null,"TagNames":"Finances"}}