Friday, December 22, 2023

Britain and Switzerland agree wide-ranging financial services trade deal

Good news! Brexit keeps on giving!

Swiss news media claim it is a globally unique agreement!

"Britain and Switzerland signed a wide-ranging financial services deal on Thursday [12/21/2023] granting reciprocal market access for their banks, insurers, asset managers and stock exchanges to boost trade and cut compliance costs.

After two years of talks which began after Britain left the European Union, the deal - which will require British and Swiss parliamentary approval - is based on mutual recognition of rules and supervisors, easing regulatory burdens. ..."

Britain and Switzerland agree wide-ranging financial services trade deal | Reuters

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