Federal Council wants to take action: stricter capital requirements are planned for large electricity companies

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Axpo and seven other systemically important electricity companies will be subject to stricter liquidity and capital requirements in the future. (archive image)

The new requirements for systemically important electricity companies are intended to limit the economic risks of these companies, as the Federal Council announced on Friday. He wants to expand the requirements for such companies by amending the Electricity Supply Act.

First and foremost, companies and their owners – the cantons and municipalities – are responsible. The Federal Council should be able to set minimum requirements for liquidity and equity if the measures taken by companies prove inadequate.

Eight companies would be affected by the measures desired by parliament, including Axpo, Alpiq and BKW. (SDA)

Source:Blick

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Livingstone

I am Liam Livingstone and I work in a news website. My main job is to write articles for the 24 Instant News. My specialty is covering politics and current affairs, which I'm passionate about. I have worked in this field for more than 5 years now and it's been an amazing journey. With each passing day, my knowledge increases as well as my experience of the world we live in today.

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