Swiss trading equivalence
Feb 3, 2020 In December 2018, the European Commission extended the stock market equivalence until the end of June 2019, but refrained from extending it Aug 8, 2019 The loss of share trading equivalence does not mean that Swiss investment firms lose the right to trade in Europe, or vice versa. Rather Jul 6, 2019 Switzerland bans trading of its shares outside its borders in response to or lose stockmarket “equivalence”—a status bestowed by the EU that Jul 9, 2019 When equivalence ended more than 300 Swiss shares were removed from trading on European Union venues on 1 July. Tim Cave, analyst at
The Future of the EU Equivalence Assessment for Swiss ...
Jul 2, 2019 Investment firms in the EU are no longer allowed to trade on the Swiss stock exchange. The arrangement, known as "equivalence", which Sep 24, 2019 The loss of regulatory “equivalence” for Swiss stocks reduced investment choices and introduced friction into the market, Virtu said in a paper Jun 30, 2019 Swiss regulators have imposed a ban on trading Swiss equities on exchanges in the EU after the European Commission let the “equivalence” Sep 9, 2019 EU-Swiss trading dispute has Brexit implications, says Swiss stock exchange Post-Brexit, the U.K. will have to pursue a similar "equivalence" This was part of the wider Swiss-EU trade dispute. Contents. 1 Background and purpose; 2 Jan 6, 2020 SIX Swiss Exchange, however, tells a different story. The new landscape. Immediately after the non-equivalence decision, trading in Swiss stocks
Dec 21, 2017 · European Traders able to access Swiss trading venue post-MiFID II, but SIX Exchange unhappy with ‘temporary’ recognition from EU Commission. By Jonathan Watkins SIX Exchange has obtained a temporary recognition of equivalence from the EU Commission, in order for European traders to trade on the Swiss exchange following the introduction of
Jul 15, 2019 Lack of progress in Swiss-EU bilateral negotiations has resulted in the loss of EU equivalence for the Swiss stock market. Will the UK and its
Jun 24, 2019 · Granting stock market equivalence is the EU’s major leverage in trying to get the Swiss to finally sign off on an agreement governing ties, but Switzerland’s foreign minister has said repeatedly
EU equivalence assessment of Swiss stock exchanges ... Jul 16, 2019 · On 27 June 2019 the Federal Department of Finance (FDF) announced that it was activating the measures adopted by the Swiss Federal Council on 30 November 2018 to protect the Swiss stock exchange infrastructure in anticipation of the expiration on 30 June 2019 of the stock market equivalence granted by the European Commission.
adversely affects the trading in such equity securities at Swiss trading venues (article 2(1) of the Ordi-nance). The second of these conditions will permit FINMA to refuse recognition to EU trading venues as long as the EU Commission does not extend the equivalence assessment for SIX Swiss Exchange and BX Swiss.
Dec 21, 2017 · Switzerland differs from other jurisdictions which have been recently been granted equivalence in several ways. The scope of the Swiss decision is much greater, as the trading of Swiss shares in the EU – and vice versa – is more widespread than with the other jurisdictions – the US, Hong Kong and Australia – which were recently recognised. Indefinite recognition of stock market equivalence — Swiss ... The Swiss Bankers Association (SBA) advocates for open capital markets and calls on the EU to recognise stock market equivalence indefinitely. The SBA welcomes that the Federal Council continues to resolutely advocate for the recognition of stock market equivalence by the EU. We will analyse the contingency measure recommended by the Federal Council. European traders banned from trading Swiss blue chips as ... Jul 01, 2019 · Swiss regulators have imposed a ban on EU exchanges trading Swiss equities after the European Commission allowed the 'equivalence' status granted to the Swiss stock exchange … The Future of the EU Equivalence Assessment for Swiss ...
Nov 16, 2017 · In a letter to EU states, the commission said the equivalence decisions on the U.S. and Swiss trading venues should be treated “as a matter of priority”. “This is … Raising the stakes - Swiss stocks are collateral damage in ... Raising the stakes Swiss stocks are collateral damage in a worsening trade row. Switzerland bans trading of its shares outside its borders in response to the EU’s strong-arm tactics Swiss row with Brussels escalates with share trading ban