The <-bsp-bb-link state=”{“bbHref”:”bbg://screens/COUN%20GB”,”_id”:”0000018c-8ce0-db9e-abee-8dfc69ba0000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>UK-bsp-bb-link> and <-bsp-bb-link state=”{“bbHref”:”bbg://screens/COUN%20CH”,”_id”:”0000018c-8ce0-db9e-abee-8dfc69ba0001″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>Switzerland-bsp-bb-link> signed an agreement to recognize each other’s laws and regulations in financial services, easing post-Brexit market access for firms including banks, insurers and asset managers.
Chancellor of the Exchequer <-bsp-person state=”{“_id”:”0000018c-8ce0-db9e-abee-8dfc69bc0000″,”_type”:”00000160-6f41-dae1-adf0-6ff519590003″}”>Jeremy Hunt-bsp-person> and his Swiss counterpart <-bsp-person state=”{“_id”:”0000018c-8ce0-db9e-abee-8dfc69bc0001″,”_type”:”00000160-6f41-dae1-adf0-6ff519590003″}”>Karin Keller-Sutter-bsp-person> signed the treaty to seal mutual recognition in Switzerland’s capital Bern on Thursday. Both governments have been working on the accord for more than three years.
WATCH: UK Chancellor of the Exchequer Jeremy Hunt calls the agreement “groundbreaking.”
Source: Bloomberg
Read More: <-bsp-bb-link state=”{“bbDocId”:”S5YSFGDWLU68″,”_id”:”0000018c-8ce0-db9e-abee-8dfc69f80000″,”_type”:”0000016b-944a-dc2b-ab6b-d57ba1cc0000″}”>UK to Sign Deal Boosting City of London’s Swiss Ties Post-Brexit-bsp-bb-link>
It’s the first significant post-Brexit deal bringing Western Europe’s two major non-EU economies closer together, while a free trade …
