Switzerland And Israel Sign Cooperation Agreement
Swiss and Israeli financial regulators entered into a FinTech cooperation agreement on 4 September. The Swiss Financial Market Supervisory Authority (FINMA), the Israeli Capital Markets Insurance and Savings Authority (CMISA) and the Israel Securities Authority ("ISA") intend to cooperate with the aim of encouraging and enabling innovation in their respective financial services industries and of supporting financial innovators in complying with the regulations in each other's jurisdictions.
The agreement sets out existing activities in the FinTech regulatory space by each regulator. The new cooperation will...
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