The Financial Services and Markets Act 2023 (Mutual Recognition Agreement) (Switzerland) Regulations 2025
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Change 1
5 Cooperation arrangements
The relevant regulators must take such steps as they consider appropriate to establish and maintain effective cooperation arrangements with FINMA— (a) to enable the relevant regulators to exercise their functions under these Regulations, (b) otherwise in relation to the supervision of Covered Financial Services Suppliers, as required by— (i) Chapter 4 of the Agreement, (ii) Annex 4 of the Agreement, and (iii) Annex 5 of the Agreement.
5 Cooperation arrangements
The relevant regulators must take such steps as they consider appropriate to establish and maintain effective cooperation arrangements with FINMA— (a) to enable the relevant regulators to exercise their functions under these Regulations, (b) otherwise in relation to the supervision of Covered Financial Services Suppliers, as required by— (i) Chapter 4 of the Agreement, (ii) Annex 4 of the Agreement, and (iii) Annex 5 of the Agreement.
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