Federal Council brings measure to protect Swiss stock exchange infrastructure into force
Bern, 30.11.2018 - The Federal Council continues to advocate that the European Commission extend indefinitely Switzerland's stock market equivalence, which will expire at the end of 2018. Such an extension has not yet taken place. In its meeting on 30 November 2018, the Federal Council adopted a measure as announced to protect the Swiss stock exchange infrastructure, as the market needs clarity in order to adapt to the various scenarios in good time. The new recognition obligation for foreign trading venues introduced by ordinance will apply from 1 January 2019. In practice, it will have an effect only if necessary.