November 13, 2015 BY Maria Nikolova
EU confirms Switzerland's supervision of central counterparties as equivalent
The European Commission has recognized the Swiss supervisory regime of central counterparties as equivalent to the relevant provisions applicable within the European Union (EU). The decision, which was announced today, enables Swiss central counterparties to access cross-border markets in the EU. In order for central counterparties to offer cross-border services from Switzerland within the EU,…
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