On 20 December 2018, there was published in the Official Journal of the EU (OJ) Commission Implementing Decision (EU) 2018/2047 of 20 December 2018 on the equivalence of the legal and supervisory framework applicable to stock exchanges in Switzerland in accordance with MiFID.

Under the Implementing Decision, the European Commission recognises the legal and regulatory framework applicable to SIX Swiss Exchange AG and BX Swiss AG as equivalent to the requirements resulting from the Markets in Financial Instruments Directive (MiFID II), the Markets in Financial Instruments Regulations, the Market Abuse Regulation, and the Transparency Directive.

The Implementing Regulation was adopted by the European Commission on 20 December 2018, and entered into force on 1 January 2019. It will expire on 30 June 2019.