UBS has asked the U.S. Federal Reserve, the Swiss Financial Market Supervisory Authority and UK's Prudential Regulation Authority to publish their findings and announce any penalties jointly at the end of July, FT reported.
Britain's Prudential Regulation Authority could impose a fine of up to 100 million pounds ($127.81 million), while the U.S. Federal Reserve could impose a penalty of up to $300 million, the newspaper reported, adding that Credit Suisse had set aside just $35 million for potential fines.
The Swiss Financial Market Supervisory Authority does not have the power to fine financial institutions, president Marlene Amstad said in May.
It set aside $4 billion for potential lawsuits on the Credit Suisse deal in May, according to a presentation.
The U.S. Fed Reserve declined to comment, while UBS, the Swiss Financial Market Supervisory Authority, and the Prudential Regulatory Authority did not immediately respond to requests for comment.
($1 = 0.7824 pounds)
