Brexit update – Further possible divergences
It is now four months since the end of the transitional phase of Brexit, which ended on 31st December 2020. This catch up post recaps the related news from Q1.…
REMIT breach announced – CNMC levies fine for layering in Spain
It has been announced by the Comisión Nacional de los Mercados y la Competencia (CNMC), the Spanish National Regulatory Authority, that a fine of 60,000 Euros has been levied on…
Anti abuse news – more cases and a fight back
The US Department of Justice has announced here that a man has pleaded guilty to defrauding two companies out of more than $244 million by charging for the purported costs…
Brexit catch up: summary of news in Q1 2021
This final “catch up” post summarises some of the developments and announcements related to Brexit since the transitional period ended on the 31st December 2021, with a focus on the…
Updated EMIR Q+A – Answers added re intra group reporting exemption
Last week, ESMA issued an updated version of the EMIR Questions and Answers document, which can be found here. Two answers were added, which relate to the use of the…