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Brexit

This tag is associated with 47 posts

No Brexit today – but several updates

Today was to be the day on which Brexit finally occurred. However, the switch is delayed to the 12th April, 22nd May, or perhaps some other date. The politics around the process continue to evolve (for example see here on the BBC News web site). In the meantime there has been some relevant activity to … Continue reading

More Brexit updates: FCA announcements

The news around Brexit now comes out on an hourly basis (for example see here on Sky News). A “no deal” Brexit remains very possible. As a result, following last week’s announcements (see here), the UK’s Financial Conduct Authority (FCA) has made several of their own, in particular around EMIR and MiFID II: EMIR The … Continue reading

Brexit update – C6 carve out, NRA REMIT letters and more

The political side of Brexit still has not produced a concrete result (for example, see here on Sky News). With three weeks to go until the Brexit date of 29th March 2019, the majority of the market is preparing for a “no deal” scenario. Never the less, some thought is also being put into what … Continue reading

Brexit update: US/UK agreement, EU recognition and more

The date for Brexit is now just over a month away, on 29th March at 11pm GMT. Politicians however are still deliberating on whether the Withdrawal Agreement will be signed, or whether there will be a “no deal” Brexit (for example, see here on The Guardian news site). There have also been some announcements affecting … Continue reading

Brexit update – many new documents as the date approaches

While the politics around the Brexit process grow become ever more frantic (for example see here on BBC News), preparations for a possible “no deal Brexit” now need to move into reality mode, given that there are just over 6 weeks until this may occur. Since our last post here, there have been several developments … Continue reading

Brexit update – plenty more guidance in the face of uncertainty

The political side of Brexit has seen plenty of news over the last two weeks, and this is set to continue, with another vote in the UK Parliament tomorrow (see here on the BBC web site for example). Since our last post here, there have also been some regulatory developments on the financial,energy and commodity … Continue reading

Brexit update: ACER REMIT letter and more

After a seasonal break, the politics around Brexit have come back to full speed (for example see here on the BBC web site).  In the meantime, more developments are becoming apparent in terms of the rules covered on this blog: Yesterday, ACER issued this open letter, which highlights some of the issues that may occur … Continue reading

What could 2019 have in store for us?

As the working year of 2019 opens, it is worth taking a few moments to consider what will keep us busy in the regulatory world of energy and commodity trading over the coming months. As usual on this blog, we will focus on Europe, with an eye on the rest of the world. The era … Continue reading

2018 draws to a close

As 2018 draws to a close, it is worth briefly reflecting where we stand in the world of regulation, as applied to energy and commodity trading: We opened the year with this post, very shortly before MiFID II came into application, on 3rd January. The start of MiFID II was a busy time for many … Continue reading

Brexit update – CCP access and Swiss equivalence

As the political side of the “brexit” process continues to twist and turn (see for example here on Sky News), there have been more developments affecting those in energy and commodities since our last update here. Many of these focus on preparations to be made for the increasing possibility of a “hard Brexit”. On Wednesday, … Continue reading