Brexit update: Uk equivalence, EU response and ESMA statement
There have been several Brexit related announcements in the last days, from each “side”, which are of interest to those in energy and commodities. Rishi Sunak, the UK Chancellor of…
There have been several Brexit related announcements in the last days, from each “side”, which are of interest to those in energy and commodities. Rishi Sunak, the UK Chancellor of…
Earlier this week, the UK's Financial Conduct Authority issued this notice which states that UK firms will be permitted to continue trading shares on EU trading venues and systematic internalisers.…
ESMA has announced that the EMIR validation rule changes originally planned for February will now be applied on 8 March 2021 instead of 1 February. The announcement can be found…
Ofgem , the National Regulatory Authority for Great Britain, has published this open letter which gives guidance on the arrangements for the end of the transitional period of Brexit, in…
Last week, following the granting of powers under “Temporary Transitional Power (TTP)” the UK's Financial Conduct Authority (FCA) published this notice highlighting details around changes in regulation, that will come…
Yesterday ESMA issued this updated statement on the impact of Brexit on MIFID II once the transitional period ends on 31st December 2020. The statement has a focus on commodities…
Last week, FISMA of the European Commission updated two documents relating to Brexit, targeted at firms in the EU: "Markets in Financial Instruments" (here) – Includes a reminder that at…
On Tuesday 23rd June Rishi Sunak, the UK's Chancellor of the Exchequer, issued this statement providing updates on how Financial Services regulations will be applied in the UK once the…
The UK’s Department of Business, Energy, and Industrial Strategy (BEIS) has announced that a standalone Emissions Trading Scheme (ETS) will run in the UK after Brexit, replacing the European ETS…
Corona related announcements continue: The Monetary Authority of Singapore (MAS) has announced a series of delays and changes due to the Corona virus. The announcement can be found here. These…