Statement in response to an announcement by FINMA

Earlier today, the Swiss authorities announced a wide range of actions to support financial stability. The FCA has been in contact with its Swiss counterparts and other UK regulatory authorities in advance of today’s announcements.

The FCA has indicated that it is minded to approve the actions announced today in relation to the entities which fall under its regulatory and supervisory remit.

The FCA continues to engage closely with UK and international regulatory partners to monitor market developments.

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