Capital Adequacy Ordinance (CAO)
Capital Adequacy Ordinance (CAO)
SR 952.03 — Ordinance of 1 June 2012 on the Capital Adequacy and Risk Diversification of Banks and Securities Firms (Capital Adequacy Ordinance, CAO).
English is not an official language of the Swiss Confederation. This translation is provided for information purposes only and has no legal force. English consolidation of 24 January 2025, which is also the date of the current binding text.
Preamble
The Swiss Federal Council, based on Article 3 paragraph 2 letter b, Article 3g, Article 4 paragraphs 2 and 4, Article 4bis paragraph 2, Article 10 paragraph 4 letter a and Article 56 of the Banking Act of 8 November 1934 (BankA) and on Article 46 paragraph 3 and Article 72 of the Financial Institutions Act of 15 June 2018 (FinIA), ordains:
SR 952.0 SR 954.1 Amended by Annex 1 No II 10 of the Financial Institutions Ordinance of 6 Nov. 2019, in force since 1 Jan. 2020 (AS 2019 4633).
Contents
1. General Provisions — 21 articles 2. Eligible Capital and Additional Loss-Absorbing Capital — 26 articles 3. Required Capital — 101 articles 4. Risk Diversification — 25 articles 5. Provisions for Systemically Important Banks — 21 articles 6. Transitional and Final Provisions — 18 articles
