On December 21, 2023, the Swiss Federal Council and HM Treasury in the UK announced the signing of an agreement on mutual recognition in specific areas of financial services between Switzerland and the UK, referred to as the Berne Financial Services Agreement (the Agreement). The conclusion of this groundbreaking Agreement is the culmination
Switzerland and the UK sign agreement on mutual recognition in financial services
The Berne Agreement breaks new ground in the relationship between financial services in the UK and Switzerland.