Law360, London (December 17, 2018, 7:00 PM GMT) -- The European Commission detailed plans on Monday to continue to allow EU investors to trade in shares listed in Switzerland under MiFID II until June 2019, while the country is embroiled in negotiations that will allow it future legal access to the bloc’s market.
The commission said it is proposing to extend its December 2017 decision to recognize Swiss trading venues as being eligible to comply with trading obligations for shares, which are set out in the Markets in Financial Instruments Directive and Regulation — known as MiFID II and MiFIR. The extension brings the one-year period forward by six months...
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