The EU angered Switzerland on Thursday (21 December) when it granted Swiss stock exchanges access to EU markets for only one year.
The decision on equivalence, which implements a new Markets in Financial Instruments Directive and Regulation (called MiFID II/MiFIR), will enter into force on 3 January.
It was adopted by the European Commission on Thursday after member states - except the UK - supported it.
Its renewal next year will depend on progress in the negotiations betwe...
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