The UK and Switzerland have negotiated a mutual recognition agreement (MRA) (UK publication/ Swiss publication) to enhance regulatory cooperation and facilitate cross border financial services to institutional and certain HNW clients. The agreement could bring new opportunities for the insurance and private banking/wealth management sectors and help stabilise and bring regulatory certainty to other financial sectors. This article explores the possible implications of the agreement and opportunities for each sector. #KPMG #finacialservices #insurance #wealthmanagement
Anshul Y.’s Post
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Switzerland and the UK have negotiated a Mutual Recognition Agreement (MRA) to enhance cross-border financial services. This unique agreement focuses on outcomes and regulatory cooperation, diverging from a technical equivalence-based approach. Learn more about its potential impact on the insurance, private banking and other financial sectors in our latest article. #UKSwitzerland #FinancialServices #MRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re
-
Switzerland and the UK have negotiated a Mutual Recognition Agreement (MRA) to enhance cross-border financial services. This unique agreement focuses on outcomes and regulatory cooperation, diverging from a technical equivalence-based approach. Learn more about its potential impact on the insurance, private banking and other financial sectors in our latest article. #UKSwitzerland #FinancialServices #MRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re
-
Switzerland and the UK have negotiated a Mutual Recognition Agreement (MRA) to enhance cross-border financial services. This unique agreement focuses on outcomes and regulatory cooperation, diverging from a technical equivalence-based approach. Learn more about its potential impact on the insurance, private banking and other financial sectors in our latest article. #UKSwitzerland #FinancialServices #MRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re
-
Switzerland and the UK have negotiated a Mutual Recognition Agreement (MRA) to enhance cross-border financial services. This unique agreement focuses on outcomes and regulatory cooperation, diverging from a technical equivalence-based approach. Learn more about its potential impact on the insurance, private banking and other financial sectors in our latest article. #UKSwitzerland #FinancialServices #MRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re
-
Switzerland and the UK have negotiated a Mutual Recognition Agreement (MRA) to enhance cross-border financial services. This unique agreement focuses on outcomes and regulatory cooperation, diverging from a technical equivalence-based approach. Learn more about its potential impact on the insurance, private banking and other financial sectors in our latest article. #UKSwitzerland #FinancialServices #MRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re
-
Switzerland and the UK have negotiated a Mutual Recognition Agreement (MRA) to enhance cross-border financial services. This unique agreement focuses on outcomes and regulatory cooperation, diverging from a technical equivalence-based approach. Learn more about its potential impact on the insurance, private banking and other financial sectors in our latest article. #UKSwitzerland #FinancialServices #MRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re
-
Towards the end of 2023, the UK and Switzerland reached a Mutual Recognition Agreement (MRA) that is unprecedented in the extent of mutual market access and regulatory deference agreed (EEA Single Market aside). The agreement is good news for the London Market and insurance brokers and enhances bilateral market access. For more detail on the recently agreed MRA and its implications for firms, see our article below: https://bit.ly/3U4mzWU #financialservices #regulation
The UK-Swiss Mutual Recognition Agreement
kpmg.com
-
Towards the end of 2023, the UK and Switzerland reached a Mutual Recognition Agreement (MRA) that is unprecedented in the extent of mutual market access and regulatory deference agreed (EEA Single Market aside). The agreement is good news for the London Market and insurance brokers and enhances bilateral market access. For more detail on the recently agreed MRA and its implications for firms, see our article below: https://bit.ly/3U4mzWU #financialservices #regulation
The UK-Swiss Mutual Recognition Agreement
kpmg.com
-
Switzerland and the UK have negotiated an unconventional approach with their Mutual Recognition Agreement (MRA) for financial services. It prioritizes outcomes and regulatory cooperation over a traditional technical equivalence model. Explore the implications it could bring to the financial sector in our new article. #RegulatoryCooperation #FinancialServices #UKSwissMRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re
-
Switzerland and the UK have negotiated an unconventional approach with their Mutual Recognition Agreement (MRA) for financial services. It prioritizes outcomes and regulatory cooperation over a traditional technical equivalence model. Explore the implications it could bring to the financial sector in our new article. #RegulatoryCooperation #FinancialServices #UKSwissMRA
The UK-Swiss Mutual Recognition Agreement
kpmgswitzerland.smh.re