UBS Group AG has announced that it is currently in negotiations with Swiss authorities regarding loss protections related to its takeover of Credit Suisse Group AG, as well as its regulatory capital requirements. Although the Swiss government agreed to shoulder up to 9 billion Swiss francs in potential losses from the deal and offered liquidity assistance of up to 100 billion Swiss francs, a definitive loss protection agreement remains under negotiation. UBS expects the main terms of the loss protection agreement to be agreed prior to the acquisition of Credit Suisse being completed. The bank is also in talks with the Swiss regulator FINMA about certain prudential capital requirements, risk weighted assets measures, and other capital and liquidity requirements for the combined firm.