About: http://data.cimple.eu/news-article/8a04ec7d68807cbb6235c55ce54b061703a17bb4a5289d17e4dda89c

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rdf:type	schema:NewsArticle
schema:articleBody	Swiss financial markets watchdog FINMA said Wednesday it now recognises various British trading platforms, lifting restrictions that had applied while the UK was an EU member. The decision to allow British trading venues to buy and sell shares in Swiss companies came following an update to a list established in January 2019, a Finma statement said. It was drawn up owing to a difference between Switzerland and the European Union over mutual recognition of financial market regulations. After Britain left the EU, the UK was taken off the list of countries awaiting recognition "for supervisory purposes by FINMA", or the Swiss Financial Market Supervisory Authority. Last week, the British and Swiss finance ministers met via video conference to "deepen cooperation on financial services" according to a statement issued by the UK Treasury. Talks were planned to deliver "a comprehensive mutual recognition agreement that would reduce costs and barriers for UK firms accessing the Swiss market, and vice versa," it added. On Wednesday, Swiss stock market operator SIX welcomed the approval of UK trading venues. SIX chairman Thomas Wellauer said in a statement that "the mutual recognition of equivalence will permit a healthy exchange and competition between the major financial centers in Switzerland and the UK." noo-wai/bmm
schema:headline	Swiss market watchdog approves UK trading venues
schema:mentions	HM Treasury Stock market Clarence Thomas Switzerland European Union United Kingdom United States Mutual recognition agreement Swiss Financial Market Supervisory Authority Markets in Financial Instruments Directive 2004 Financial market
schema:author	http://data.cimple.eu/organization/1f0054d541e000623a2c1e561a247c073ef6328e8be9ffafda7b3fcd
schema:datePublished	2021-02-03 (xsd:date)
http://data.cimple...sPoliticalLeaning	other political leaning
http://data.cimple...logy#hasSentiment	neutral sentiment
http://data.cimple...readability_score	88 (xsd:integer)
http://data.cimple...tology#hasEmotion	happiness

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