UK signs post-Brexit insurance deal with Switzerland

Zurich street on Swiss National Day

The chancellor of the exchequer, Phillip Hammond, and the president of the Swiss confederation and head of the federal department of finance, Ueli Maurer, have signed a deal to allow the UK and Switzerland insurance sectors to continue trading after the UK has left the EU.

According to HM Treasury, the new arrangement copies the current EU agreement with Switzerland and will come into force when UK exits the EU.

The move follows on from the UK and the USA agreeing a text in December designed

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