Article 6H9KX UK and Switzerland agree to deepen ties between City and Swiss banking system

UK and Switzerland agree to deepen ties between City and Swiss banking system

by
Phillip Inman
from Economics | The Guardian on (#6H9KX)

Treasury says post-Brexit tie-up to be signed on Thursday will ease cross-border market access for financial services

The UK and Switzerland will agree to forge closer links on Thursday in a post-Brexit accord that aims to deepen ties between the City and the Swiss banking system.

In a move that brings Europe's largest financial centres closer together, the mutual recognition agreement will be signed on Thursday by the chancellor, Jeremy Hunt, during a visit to Berne.

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