WORLD TRADE GATS/EL/83/Suppl.2
26February 1998
ORGANIZATION(98-0697)
Trade inServices
SWITZERLAND
ListofArticle II(MFN) Exemptions
Supplement 2
(This isauthentic inEnglish andFrench only)
_________________
Thistextreplaces theFinancial Services section contained indocument GATS/EL/83/Suppl.1.
./.GATS/EL/83/Suppl.2
Page2SWITZERLAND
LIST OFARTICLE II(MFN) EXEMPTIONS
Sector orsubsector Description ofmeasure
indicating itsinconsistency
with Article IICountries towhich the
measure appliesIntended duration Conditions creating theneed
fortheexemption
Banking andOther
Financial Services
(excluding
insurance)Toallow persons established in
thePrincipality ofLiechtenstein,
without requiring acommercial
presence inSwitzerland, to
lead-manage Swiss franc
denominated issues.Principality ofLiechtenstein Indefinite Measures ensuing from the
monetary union between
Switzerland andthePrincipality
ofLiechtenstein.