Switzerland, EU restart financial market talks after long hiatus

ZURICH, July 4 (Reuters) – Switzerland and the European Union resumed talks on financial market regulation on Thursday after dialogue was suspended in 2017, the Swiss government said.

Issues relating to financial market stability, cross-border activities, capital markets, digital finance, cybersecurity, sustainable finance and insurance were discussed during a meeting in Bern, the government said in a statement.

The resumption of talks comes amid broader negotiations between Brussels and Switzerland aimed at updating economic relations, which the Swiss hope will be concluded this year.

The EU delegation was led by John Berrigan, who heads the European Commission’s financial services unit.