Switzerland put forward on Wednesday proposals for UBS and three other systemically relevant banks aimed at protecting the country from a repeat of last year's Credit Suisse collapse. The government's 209-page report outlines 22 measures designed to strengthen current regulations for banks known as "too big to fail" (TBTF), after gaps were found in the existing rules following UBS's rescue takeover of its banking rival. The proposals aim to improve corporate governance and supervision, for example, by giving more powers to Swiss financial market regulator FINMA.