The EU is threatening Switzerland's financial sector with a withdrawal of 'equivalence,' as the Swiss government has continued to resist regulatory alignment that has included a categorical refusal to endorse a framework agreement that was negotiated with the EU in 2014.
Switzerland's refusal has led Brussels to threaten legal actions against the Swiss government, which Bern says will be reciprocated.
Brussels threat of lifting “equivalence” for the Swiss Stock Market would force EU compa...
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