HMRC has published an updated list of named stock exchanges that have been designated as 'recognised stock exchanges'. The updated list includes new information about the Swiss Exchange formerly known as The Swiss Stock Exchange.

The definition of a recognised stock exchange includes the London Stock Exchange and the NEX Exchange Ltd (previously known as ICAP Securities & Derivatives Exchange) as well as other stock exchange outside the UK designated by HMRC.

Recognition under Section 1005 Income Tax Act 2007 is for tax purposes only and confers no other status on the exchange concerned: it does not constitute any form of recognition or approval for regulatory or other purposes nor does it provide any form of approval or recommendation of any of the investments which are listed or traded on that exchange.

Source: New feed