Stock exchange equivalence switzerland eu
9 Sep 2019 A stock exchange dispute between Switzerland and the European to the EU allowing the recognized equivalence status of the Swiss stock 10 Jul 2019 Switzerland looks likely to have outmaneuvered the European Union, after the latter ended its recognized stock exchange equivalence with the 7 Aug 2019 To avoid EU investors no longer being able to trade Swiss stocks on Swiss exchanges, Switzerland swiftly implemented their retaliation that same 7 Aug 2019 1) The Equivalence Recognition by the European Commission and its Significance for Swiss Stock Exchanges. On 3 January 2018, the EU
An EU Commission document has revealed that, for now, not enough progress on the Swiss-EU framework agreement has been made to renew the ‘financial equivalency’ status of the Swiss stock exchange in Europe. According to a note sent on Tuesday by Commission Vice-President Valdis Dombrovskis,
In addition, absent stock exchange equivalence, equity securities issued by European issuers can no longer be traded by EU market participants on Swiss stock exchanges and trading venues, which could negatively affect trading volumes in these equity securities on such venues in Switzerland. On 14 December 2018, the EU Commission proposed to the European Securities Committee, consisting of the 28 member states, to vote for an extension of Switzerland’s exchange equivalence for half a year until 30 June 2019 (press release of 17 December 2018). The Swiss stock exchanges are technically equivalent, and this has already been confirmed by the EU authorities. A positive decision from the EU Commission regarding recognition of stock exchange equivalence at the political level would be welcomed by all market participants. An EU Commission document has revealed that, for now, not enough progress on the Swiss-EU framework agreement has been made to renew the ‘financial equivalency’ status of the Swiss stock exchange in Europe. According to a note sent on Tuesday by Commission Vice-President Valdis Dombrovskis, Investment firms in the EU are no longer allowed to trade on the Swiss stock exchange. The arrangement, known as "equivalence", which previously allowed them to do that lapsed at the end of June The Swiss government has banned EU exchanges from dealing in the shares of Swiss firms such as Nestlé, UBS, Novartis and the Swatch Group On 30 June 2019, the European Commission did not extend the so-called equivalence recognition of the Swiss legal framework applicable to stock exchanges. As a reaction, the Swiss Federal Department of Finance activated countermeasures designed to protect Swiss financial market infrastructures, in particular Swiss stock exchanges.
7 Aug 2019 1) The Equivalence Recognition by the European Commission and its Significance for Swiss Stock Exchanges. On 3 January 2018, the EU
25 Jul 2019 are banned from being traded on stock exchanges in the European of equivalence” of Switzerland's financial market rules as of July 1st. 24 Sep 2019 Switzerland's loss of access rights to EU stock markets has concentrated The loss of regulatory “equivalence” for Swiss stocks reduced 25 Sep 2019 United Kingdom, the European Commission has al-lowed the European Union equivalence arrangement for Swiss stock markets to expire. 9 Sep 2019 A stock exchange dispute between Switzerland and the European to the EU allowing the recognized equivalence status of the Swiss stock 10 Jul 2019 Switzerland looks likely to have outmaneuvered the European Union, after the latter ended its recognized stock exchange equivalence with the
25 Sep 2019 United Kingdom, the European Commission has al-lowed the European Union equivalence arrangement for Swiss stock markets to expire.
30 Jun 2019 EU-based brokers and banks usually generate more than half of the turnover on Swiss stock markets, including holdings in heavyweights such 9 Jul 2019 The European Commission had granted temporary equivalence for stock markets to Switzerland in December 2017, which was extended to 30 2 Jul 2019 Over the weekend, the stock market equivalence granted to Switzerland by the European Commission exp
2 Jul 2019 Over the weekend, the stock market equivalence granted to Switzerland by the European Commission exp
The EU and Switzerland are at loggerheads over share trading, but why and what does it mean? no longer allowed to trade on the Swiss stock exchange. The arrangement, known as "equivalence The Swiss stock market’s equivalence under the EU’s MiFID II regime is set to expire at the end of the year, and the government in Bern has committed to taking action to protect it, should EU The Swiss stock exchange is about to lose the sought-after equivalence status in the European Union. But SIX, the Swiss operator, has put emergency measures in place. The equivalence status of the Swiss stock exchange is running out at the end of June and hence the access to the EU market.
Investment firms in the EU are no longer allowed to trade on the Swiss stock exchange. The arrangement, known as "equivalence", which previously allowed them to do that lapsed at the end of June The Swiss government has banned EU exchanges from dealing in the shares of Swiss firms such as Nestlé, UBS, Novartis and the Swatch Group On 30 June 2019, the European Commission did not extend the so-called equivalence recognition of the Swiss legal framework applicable to stock exchanges. As a reaction, the Swiss Federal Department of Finance activated countermeasures designed to protect Swiss financial market infrastructures, in particular Swiss stock exchanges. Switzerland’s equivalence status for its exchanges under the EU’s MiFiD II rules, which allows banks and brokers within the 28-country bloc to trade there, runs out on Dec. 31. ‘Financial equivalency’, which allows the Swiss stock exchange (operated by the SIX group external link) to engage in European cross-border financial trading on equal terms, is a key