FDF activates protective measure to protect stock exchange infrastructure
Bern, 27.06.2019 - As announced last Monday, 24 June 2019, the Federal Department of Finance (FDF) updated the list of jurisdictions that restrict their market participants in trading equity securities of companies with registered office in Switzerland today, Thursday, 27 June 2019. The new list will apply from Monday, 1 July 2019. The FDF is thereby activating the measure to protect the Swiss stock exchange infrastructure.
This activation is because the European Commission has not yet extended the stock market equivalence. According to the updated list, trading venues domiciled in the EU will be prohibited from offering or facilitating trading in certain equity securities of companies with registered office in Switzerland from 1 July 2019.
The implementation of the measure will be closely followed and monitored by the Swiss authorities.
Address for enquiries
Frank Wettstein, Co-Head of Communications, State Secretariat for International Finance SIF
Tel. +41 58 462 38 56, frank.wettstein@sif.admin.ch
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Federal Department of Finance
https://www.efd.admin.ch/efd/en/home.html