FINMA and the UK supervisory authorities strengthen cooperation in financial services
Why this matters
This regulatory update covers cooperation between Swiss and UK financial regulators, which impacts firms in the banking, investment management, and insurance sectors. Key topics include prudential requirements, licensing, and consumer protection.
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What the FINMA said
The Swiss Financial Market Supervisory Authority FINMA and the UK Financial Conduct Authority FCA and Prudential Regulation Authority PRA today signed a memorandum of understanding. The memorandum sets out details of the co-operation under the Berne Financial Services Agreement and opens up new cross-border…
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Context
Swiss Financial Market Supervisory Authority (FINMA) — Switzerland's financial market supervisor. We track 123 updates from them.
Swiss financial services are regulated by FINMA. Browse all Switzerland updates.
This update is classified under Prudential / Capital Requirements, Authorisation & Licensing, Consumer Protection / Conduct and Banking & Credit.