Supporting Ukraine’s long-term reconstruction and financial sector recovery. Unlocking the value of the UK-Switzerland Mutual Recognition Agreement (MRA) by ensuring early conclusion of the UK-Switzerland free trade agreement (FTA) negotiations. Promoting the free flow of data globally upon which the...
The affected citizens of each country will be able to continue working as foreign nationals and provide the same services. The deal also guarantees the same social security provisions and mutual recognition of professional qualifications. "However, the terms of the agreement do not apply for the U...
Hunt was in Bern, Switzerland, to sign the agreement with his Swiss counterpart, Karin Keller-Sutter, who said it would "boost the international competitiveness" of both markets over the long term. The deal, which follows more than two years of negotiations, aims to streamline business ties be...
The affected citizens of each country will be able to continue working as foreign nationals and provide the same services. The deal also guarantees the same social security provisions and mutual recognition of professional qualifications. "However, the terms of the agreement do not apply for the ...
“Industry wants to see an ambitious FTA that fits hand in glove with a UK-Switzerland Mutual Recognition Agreement, which is already under negotiation. Not only would such a deal be ground-breaking and help our industry provide more jobs and support economic growth right across the country, ...
whereby the Turkish Ambassador to the UK said in October 2020 that “[w]e believe that we can finalize our talks soon”. However, it is also being asserted that Turkey’s membership in the Customs Union with the EU means that this agreement will not be possible without an EU‑UK trade...
Priorities of the Switzerland Market Advisory Group: Support Government in delivering a trailblazing mutual recognition agreement for the financial services sector (encompassing capital markets, banking, asset management and insurance). Engage Swiss industry representatives and policymakers to explore issues of...
On 21 December 2023, the UK signed a first-of-its-kindfinancial services agreementwith Switzerland (the Agreement). The Agreement uses outcomes-based mutual recognition of domestic laws and regulations to enable cross-border trade in financial services to wholesale and sophisticated clients. Among ...
Negotiations with Switzerland on a mutual recognition deal were launched by Rishi Sunak when he was chancellor in 2020. He claimed that a deal would demonstrate a shared vision of an “open, global and free” economy. Hunt will sign the agreement with his Swiss counterpart Karin Keller-Sutter ...
The mutual recognition of equivalence will permit a healthy exchange and competition between the major financial centers in Switzerland and the UK.Some of the largest and most traded companies in Europe are based in Switzerland. These securities are listed and traded on SIX, which is the deepest,...