Regulation 2 Equivalence

(1)

The Treasury, having considered that the legal and supervisory framework of Switzerland satisfies the requirements of Article 23(4)^f1 of, and paragraph 8 of Schedule 3^f2 to, MiFIR, specify that the venues listed in paragraph (2) are third-country trading venues assessed as equivalent for the purposes of Article 23(1)^f3 of MiFIR.

(2)

The venues for the purposes of paragraph (1) are—

(a)

BX Swiss AG; and

(b)

SIX Swiss Exchange AG.

(3)

In this regulation—

“MiFIR” means Regulation (EU) No. 600/2014 of the European Parliament and of the Council of 15 May 2014 on markets in financial instruments.

Annotations

Footnotes

f1: Article 23(4) was inserted by S.I. 2018/1403 and amended by S.I. 2019/1212.
f2: Paragraph 8 of Schedule 3 was inserted by S.I. 2018/1403 and amended by S.I. 2019/576, S.I. 2019/710 and S.I. 2019/1212.
f3: Article 23(1) was amended by S.I. 2018/1403 and S.I. 2019/1390.