Hi @Caseynotes, fortunately I think I must have misunderstood. I was looking at countries outside the ESMA ruling back in the spring and I was sure I read that Switzerland was going to fall into line for ease of access to EU markets etc. But it may be for the MiFID II ruling only.
I just read that a bank headquartered in CH is free of the ESMA laws, so that's good news.
Sorry for the scare and confusion!