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Brussels wants to extend the exchange equivalence

The EU Commission should have discussed, according to the Reuters news Agency at its meeting on Tuesday in Strasbourg to extend the Equivalence to the Swiss stock exchange six months. So you want to wait for the decision of Switzerland to the framework agreement.

Ignazio Cassis declared in front of the cameras of the Federal house media the decision of the Federal Council, for the time being, a consultation on the framework agreement with the EU. (Video: "SDA")

A final decision by the Brussels authority, however, is not yet fallen. This is Reportedly expected to be the case on Monday. Then the EU will communicate to Commission the Decided also, it was said.

last Friday, the Federal Council had sent the outcome of the negotiations on the institutional framework agreement in the consultation that should last well into the spring.

Switzerland and The EU are negotiating for almost five years on an institutional framework agreement. In order to exert pressure, threatening the EU, the local stock exchange regulation is not equivalent to acknowledge and to give the so-called exchange equivalence. Traders from the EU would then be the shares trade on the Swiss stock exchange prohibited. (Dec/sda)

Created: 11.12.2018, 15:46 PM

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